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PACIFIC HOSPITAL SUPPLY Reports Slight Drop in January Revenue, Optimistic for Growth in the First QuarterFeb 08, 2025

Medical equipment manufacturer PACIFIC HOSPITAL SUPPLY announced its January 2025 revenue of NT$173 million, a decrease of 11.6% compared to the previous year, mainly due to the impact of the Lunar New Year holiday. However, the company is seeing strong order intake, and it expects its revenue to gradually increase month by month in the first quarter, with a projected first-quarter performance that will exceed last year's results. Overall, the company anticipates maintaining a growth trajectory for the full year.

In the fourth quarter of 2024, PACIFIC HOSPITAL SUPPLY benefited from the traditional peak season, achieving a record high quarterly revenue of NT$639 million. This strong performance helped drive total revenue for the year to NT$2.345 billion, a 1.08% increase year-on-year. Operating profit reached NT$489 million, a 1.65% decrease, while pre-tax profit rose by 5.96% to NT$556 million. With a capital of NT$726 million, the pre-tax earnings per share were NT$7.26, and after a 20% tax rate, the earnings per share were approximately NT$5.8.

Looking at product performance, custom-made sets grew by 17% in 2024, with key growth regions being Japan and North America. Bottle products saw a 22% increase, primarily driven by growth in Europe. In terms of market performance, shipments to Germany in 2024 were smooth, with positive customer feedback reflecting a recovery in overall market conditions and increased demand for essential products. This led to an inventory restocking, and annual performance in Germany grew by as much as 95%, with a focus on the main product line of sealed products.

Looking ahead to 2025, PACIFIC HOSPITAL SUPPLY forecasts steady and conservative growth in its key markets, with continued efforts to expand into emerging markets and new distribution strategies. Performance in regions such as the Middle East, other parts of Asia, Latin America, and other European countries is expected to be promising. Due to the Lunar New Year holiday, January revenue was NT$173 million, a year-on-year decrease of 11.6%. However, with strong order intake, the company expects a steady increase in first-quarter revenue, with performance anticipated to surpass last year's results.

Resource: 太醫1月營收小降,首季看增拚逐月往上