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Techno Medical sees 136% jump in net quarterly profit

Techno Medical sees 136% jump in net quarterly profit

MONDAY, May 13, 2019

Techno Medical Plc on Monday announced sale revenue of Bt200.52 million for the first quarter of this year, up 36.62 per cent from last year’s same period, according to a company reports.

The company also recorded Bt21.68 million in net profit for the quarter, up 136.42 per cent from the same period 2018.
The company currently has a total backlog worth Bt1.44 billion, up 10.57 per cent from the period in 2018. 
“We expect our sales will maintain growth [and] we are negotiating with our partners from Taiwan and Japan to distribute their products,” the company’s chief executive officer Soonthree Chanlongbutra said on Monday. “The company is confident we will maintain our business growth in the rest of this year.”