{"id":33437,"date":"2024-06-29T22:29:19","date_gmt":"2024-06-29T14:29:19","guid":{"rendered":"https:\/\/umedic.com.my\/Stagging2025\/?p=33437"},"modified":"2024-06-29T22:29:19","modified_gmt":"2024-06-29T14:29:19","slug":"miti-agencies-visit-at-sister-company-uwc-berhad","status":"publish","type":"post","link":"https:\/\/umedic.com.my\/Stagging2025\/miti-agencies-visit-at-sister-company-uwc-berhad\/","title":{"rendered":"MITI &#038; Agencies Visit at sister company, UWC Berhad"},"content":{"rendered":"<div class=\"field field-body\">\n<div class=\"dable-content-wrapper\">\n<p>29 JUNE 2024 \u2013 Today, we proudly showcased our cutting-edge products from UMediC Group Berhad during the official visit of YB Tengku Zafrul Tengku Abdul Aziz, Minister of Investment, Trade, and Industry (MITI), along with YBhg. Dato\u2019 Hairil Yahri Yaacob, Head MITI Secretary and top management from various agencies (MIDA, MATRADE, MPC, MIDF, SIRIM, EXIM Bank, Department of Standards Malaysia, NMIM, and CREST) at our sister company, UWC Berhad.<\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<div class=\"dable-content-wrapper\">\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<div class=\"field field-body\">\n<div>\n<div class=\"et_pb_slider et_pb_slider_fullwidth_off et_pb_gallery_post_type\">\n\t\t\t\t<div class=\"et_pb_slides\">\n\t\t\t\t\t<div class=\"et_pb_slide\" style=\"background: url(https:\/\/umedic.com.my\/Stagging2025\/wp-content\/uploads\/2024\/06\/MITI-UWC-Visit1.jpeg);\"><\/div><div class=\"et_pb_slide\" style=\"background: url(https:\/\/umedic.com.my\/Stagging2025\/wp-content\/uploads\/2024\/06\/MITI-UWC-Visit2.jpeg);\"><\/div><div class=\"et_pb_slide\" style=\"background: url(https:\/\/umedic.com.my\/Stagging2025\/wp-content\/uploads\/2024\/06\/MITI-UWC-Visit3.jpeg);\"><\/div><div class=\"et_pb_slide\" style=\"background: url(https:\/\/umedic.com.my\/Stagging2025\/wp-content\/uploads\/2024\/06\/MITI-UWC-Visit4.jpeg);\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>29 JUNE 2024 \u2013 Today, we proudly showcased our cutting-edge products from UMediC Group Berhad during the official visit of YB Tengku Zafrul Tengku Abdul Aziz, Minister of Investment, Trade, and Industry (MITI), along with YBhg. Dato\u2019 Hairil Yahri Yaacob, Head MITI Secretary and top management from various agencies (MIDA, MATRADE, MPC, MIDF, SIRIM, EXIM [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":33441,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\r\n<div class=\"field-items\">\r\n<div class=\"field-item even\">\r\n<div class=\"navigation-top pb-20 pt-20\">\r\n<div class=\"d-sm-flex justify-content-between\">\r\n<h2>UMediC Group Berhad (<a class=\"company-report-links\" href=\"https:\/\/simplywall.st\/stocks\/my\/healthcare\/klse-umc\/umedic-group-berhad-shares\" target=\"_blank\" rel=\"noopener noreferrer\" data-vars-link-type=\"intro\">KLSE:UMC<\/a>) Second Quarter 2023 Results<\/h2>\r\n<h3>Key Financial Results<\/h3>\r\n<ul>\r\n \t<li>Revenue: RM12.5m (up 69% from 2Q 2022).<\/li>\r\n \t<li>Net income: RM2.91m (up 412% from 2Q 2022).<\/li>\r\n \t<li>Profit margin: 23% (up from 7.7% in 2Q 2022). The increase in margin was driven by higher revenue.<\/li>\r\n \t<li>EPS: RM0.008 (up from RM0.002 in 2Q 2022).<\/li>\r\n<\/ul>\r\n<img class=\"alignnone  wp-image-30571\" src=\"https:\/\/umedic.com.my\/Stagging2025\/wp-content\/uploads\/2023\/03\/1678314502559-300x191.png\" alt=\"\" width=\"479\" height=\"305\">\r\n\r\n<i>All figures shown in the chart above are for the trailing 12 month (TTM) period<\/i>\r\n<h3>UMediC Group Berhad Earnings Insights<\/h3>\r\nLooking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Healthcare industry in Malaysia.\r\n\r\n<i><a class=\"company-report-links\" href=\"https:\/\/simplywall.st\/markets\/my\/healthcare\/healthcare-services\" target=\"_blank\" rel=\"noopener noreferrer\" data-vars-link-type=\"industry\">Performance of the\u00a0<strong>Malaysian Healthcare industry.<\/strong><\/a><\/i>\r\n\r\nThe company's shares are up 12% from a week ago.\r\n<h3>Risk Analysis<\/h3>\r\nWhat about risks? Every company has them, and we've spotted\u00a0<a class=\"company-report-links\" href=\"https:\/\/simplywall.st\/stocks\/my\/healthcare\/klse-umc\/umedic-group-berhad-shares\" target=\"_blank\" rel=\"noopener noreferrer\" data-vars-link-type=\"conclusion\"><strong>2 warning signs for UMediC Group Berhad\u00a0<\/strong><\/a>(of which 1 is a bit concerning!) you should know about.\r\n\r\nArticles from <a href=\"https:\/\/simplywall.st\/stocks\/my\/healthcare\/klse-umc\/umedic-group-berhad-shares\/news\/umedic-group-berhad-second-quarter-2023-earnings-eps-rm0008\">SimplyWall<\/a>\r\n\r\n<\/div>\r\n<\/div>\r\n<section class=\"single-post-content clearfix\"><\/section><\/div>\r\n<\/div>\r\n<\/div>","_et_gb_content_width":"","footnotes":""},"categories":[201],"tags":[251,379,197,237,378],"class_list":["post-33437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events","tag-miti","tag-showcase","tag-umedicgroupberhad","tag-umedichealthcare","tag-uwc-berhad"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MITI &amp; Agencies Visit at sister company, UWC Berhad - UMediC Group Berhad<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/umedic.com.my\/Stagging2025\/miti-agencies-visit-at-sister-company-uwc-berhad\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MITI &amp; Agencies Visit at sister company, UWC Berhad - UMediC Group Berhad\" \/>\n<meta property=\"og:description\" content=\"29 JUNE 2024 \u2013 Today, we proudly showcased our cutting-edge products from UMediC Group Berhad during the official visit of YB Tengku Zafrul Tengku Abdul Aziz, Minister of Investment, Trade, and Industry (MITI), along with YBhg. 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