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Vincent Medical Holdings Reports Strong 2024 Financial Performance and Dividend Increase

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Vincent Medical Holdings Reports Strong 2024 Financial Performance and Dividend Increase

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An update from Vincent Medical Holdings Limited ( (HK:1612) ) is now available.

Vincent Medical Holdings Limited reported an 11.6% increase in revenue for the year ended December 31, 2024, reaching HK$801.0 million, with a significant 37.7% growth in the imaging disposable products segment. The company’s profit rose by 21.8% to HK$70.9 million, and it declared a final dividend of HK1.7 cents per share. The company has implemented efficiency enhancements and maintained a focus on quality and compliance, obtaining EU MDR certification for its quality management system.

More about Vincent Medical Holdings Limited

Vincent Medical Holdings Limited, incorporated in the Cayman Islands, operates in the medical device industry, focusing on imaging disposable products and respiratory disposables. The company is known for its strong collaboration with key customers and its compliance with European Union Medical Device Regulation standards.

Average Trading Volume: 164,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$261.3M

Learn more about 1612 stock on TipRanks’ Stock Analysis page.

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