UG Healthcare (SGX:8K7) expects to report net profit for the second half and full year ended June 30, marking a turnaround from losses in the corresponding periods a year earlier.
The expected improvement is mainly due to higher sales volume, increased average selling prices for disposable gloves, favorable prospects for hand protection solutions and hygiene consumables, and improved operational efficiency.
The company expects to release its unaudited financial results after market close on Aug. 26, it said.
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