Medilines Distributors Inc. reported a 13 percent improvement in net income for the first nine months of 2022 to P111.93 million from the P99.34 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it registered a 58 percent jump core income...
Medical equipment supplier Medilines Distributors, Inc. reported a 19 percent drop in net profit to P81 million for the first half of 2022 from the P100 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its net profit margin for the six...
Leading medical equipment supplier Medilines Distritbutors, Inc. reported a 65 percent jump in net earnings to a record P170 million for 2021 last year from the P103 million registered in 2020. In a statement, the firm said a dual strategy of expanding its consumables product offerings as well as...
Medical equipment supplier Medilines Distributors, Inc. is expecting to register record sales this year as it has already closed contracts to install P1 billion worth of cancer therapy equipment in 2022. “The delivery and installation contracts of these machines already account for half of our...
Medilines Distributors Inc.n reported a record performance for 2021 with net income jumping 50 percent to P154 million from P103 million in 2020 while revenues improve 10 percent to P1.6 billion last year. In a statement, the firm said both profit and revenue figures are record achievements for the...
Medilines Distributors Inc. has renewed for another three years its distribution partnership with Siemens Healthineers, a world-leading medical technology company that specializes in diagnostic imaging devices. “Our partnership with Siemens Healthineers started in 2016 and is now on its third...
Medilines Distributors Inc., a leading distributor of medical equipment in the country, is set to list as the Philippines’ first pure-play healthcare initial public offering (IPO) on Tuesday, Dec. 7 following an overwhelming market response from institutional and retail investors. “It was a...
Medilines Distributors Incorporated, one of the leading distributors of quality medical equipment in the country, has remained resilient despite the challenges brought about by the COVID-19 pandemic. “We are proud to be at the frontline of the country’s fight against COVID-19 through the urgent...
Medilines Distributors Incorporated, one of the leading distributors of quality medical equipment in the Philippines, has priced its initial public offering (IPO) at P2.30 per share or slightly lower than the maximum pricing guidance of P2.45 apiece. “We wanted to leave more upside on the table...
Medilines Distributors Inc., a leading distributor of medical equipment in the country, is looking forward to partnerships with other world-renowned brands in the future. “We are always looking out for opportunities to serve more quality innovations to Filipinos and exploring business...
Medilines Distributors Incorporated (Medilines) aims to retain its leadership in the distributor segment for critical medical equipment as the healthcare industry in the Philippines continues to grow. Based on a recent independent study made by Ken Research, spending on healthcare rose from P489.1...
PNB Capital and Investment Corporation noted that Philippine Stock Exchange’s approval of the P2 billion initial public offering (IPO) of Medilines Distributors Inc. (Medilines) comes at a time when the economy and the stock market are on the rebound. “We look forward to offering to investors...
