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A 5,000% Surge Makes MEDTECS Singapore’s Top Stock

A 5,000% Surge Makes MEDTECS Singapore’s Top Stock

Shares of Medtecs International Corp., a maker of medical apparel, traded for just a few Singapore cents at the start of the year before the pandemic roiled financial markets. Now they’re up almost 5,000%. Supernormal demand for essential reusable hospital garb, disposable personal protective equipment and workwear helped the Taipei-headquartered company’s net income grow about 100 times in the six months ended June 30 from the previous year. The stock is the top performer for Singapore and among the best in the global health-care supply sector for 2020.

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San Francisco Medtecs donation

An Open Letter from Clement Yang, Medtecs Group Chairman, to San Francisco PPE Donation Ceremony

The COVID-19 pandemic has profoundly changed people’s lives across the globe, wreaking havoc on everyone’s mental and physical health. Many of us have been coping with stress, depression, fear and anxiety as a result of the crisis. The pandemic has also created unprecedented pressure on the global supply chain and healthcare systems, creating yawning gaps in inventory of personal protective equipment (PPE) and medical supplies. The scarcity of PPE has forced many front-line medical professionals to improvise with less effective alternatives which put their health and safety at risk.

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Medtecs Financial Report

Medtecs Group announced on 11 August 2020 its half-year financial results for the period ended 30 June 2020

Medtecs Group announced on 11 August 2020 its half-year financial results for the period ended 30 June 2020.The Group’s revenue increased significantly by 390.5% from US$33.2 million in 1H19 to US$162.6 million in 1H20 from increase in demand of personal protective apparels due to the COVID-19 global pandemic; which also raised awareness on healthcare products and led to increase in sales from our existing customers.

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Medtecs strategises to be more than a one-hit pandemic wonder

Medtecs strategises to be more than a one-hit pandemic wonder

CEO William Yang has shown his confidence in the company by scooping up his first holdings in Medtecs shares. AS nations struggled to deal with the COVID-19 crisis earlier this year, MedTecs International Corp. – a Singapore-listed maker of surgical masks, medical coveralls and isolation gowns -was turning away orders for its products.

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Medtecs PPE

Medtecs Provides the best Cutting Edge Personal Protective Equipment that secures everyone’s safety concerns.  We would like to be the shield for every hero, every fighters!

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