SHARES of Vicplas International, which makes medical devices and pipes, sagged on Monday despite an improvement in the group's bottom line for its fiscal year ended July 31.

Vicplas International saw FY20 earnings ended July increase 17.7% to $5.0 million from $4.2 million a year ago. This translates to earnings per share (EPS) of 0.98 cents, compared to the 0.84 cents in 2019. Revenue for the 12 months grew 10.8% to $88.8 million from $80.2 million a year ago due to hi...

SHARES of Vicplas International, which makes medical devices and pipes, tumbled on Monday morning despite the mainboard-listed firm announcing that its bottom line had improved for the financial year ended July 31.

NET profit for Vicplas International, which makes medical devices and pipes, increased by 17.7 per cent to nearly S$5 million for its fiscal year ended July 31, from S$4.2 million a year ago.

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THE following companies saw new developments that may affect trading of their securities on Monday:

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PIPE-MAKER Vicplas International has said that the company is not aware of any information concerning it or its units that has not been announced which might explain the spike in its share price last Friday.

PIPE-MAKER VicPlas International has said that the company is not aware of any information concerning it or its units that has not been announced which might explain the spike in its share price last Friday.

VICPLAS International has been queried by the Singapore Exchange (SGX) for unusual price movements in its shares for the second time this month after the counter rose sharply in trading on Friday.