News Formal

Medilines to grow dialysis consumables business by 43%

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Medilines Distributors, Inc., one of the country’s leading high-value medical equipment distributors, aims to expand its dialysis consumables business which is expected to grow by 43 percent this year.

In a statement, the firm said its dialysis consumables product line alone recorded revenues of P197 million for the full year ending December 31, 2021.

A study by Ken Research in 2021 stated that the size of the domestic dialysis market is expected to grow to Php13.5 billion by 2023, with bulk of this market accounted for by the dialysis consumables segment.According to the same study, Medilines captured 50.5 percent market share in terms of revenues of all dialysis products sold by distributors in the Philippines as of 2021.

On the back of management’s view of Medilines’ strong fundamentals and growth prospects, the Company announced yesterday a share buyback program of up to P100 million. She added that, “We are very focused on business strategies that will deliver profitable and sustainable growth over time.”

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 25. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Sara Duterte seeks business sector’s assistance in getting K-12 graduates hiredVice President Sara Duterte on Wednesday appealed to the business sector to hire K-12 graduates.
ソース: gmanews - 🏆 11. / 68 続きを読む »