Hong Kong: Net profits soar at Vincent Medical

Vincent Choi, chairman of Vincent Medical

Hong Kong-listed medical device manufacturer Vincent Medical has reported impressive full year figures for 2018. Net profits were up 134.1% to HK$30.9m (US$3.9m) on revenues that rose 9.3% to HK$488m. The results were driven by the group’s original equipment manufacturer (OEM) business. Revenues here were up 6.5% to HK$389.8 million and make up almost 80%…

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