Medical Disposables & Supplies Ltd 2021 AR2

The report highlights Medical Disposables & Supplies Limited's resilience and strategic navigation through the challenges of the COVID-19 pandemic during the fiscal year ended March 31, 2021. Key achievements include the successful acquisition of a 60% stake in Cornwall Enterprises Limited, expanding the company's market share into the dental and retail pharmacy sectors. Despite a marginal 2.4% decline in revenues to $2.42 billion, the company achieved a 7.1% increase in gross profit and doubled its net profit after tax to $69.6 million. Additionally, the company established an internal COVID-19 Task Force to protect employee health and safety, and continued its community support through various corporate social responsibility initiatives, including PPE donations and educational seminars for pharmacists.

Company: Medical Disposables & Supplies Ltd

Sector: Health Care

Country: Jamaica

Year: 2021

Type: AR2

Pages: 104

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Medical Disposables & Supplies Ltd

Medical Disposables & Supplies Ltd 2021 Annual Report

Annual Report

The report highlights Medical Disposables & Supplies Limited's resilience and strategic navigation through the challenges of the COVID-19 pandemic during the fiscal year ended March 31, 2021. Key achievements include the successful acquisition of a 60% stake in Cornwall Enterprises Limited, expanding the company's market share into the dental and retail pharmacy sectors. Despite a marginal 2.4% decline in revenues to $2.42 billion, the company achieved a 7.1% increase in gross profit and doubled its net profit after tax to $69.6 million. Additionally, the company established an internal COVID-19 Task Force to protect employee health and safety, and continued its community support through various corporate social responsibility initiatives, including PPE donations and educational seminars for pharmacists.

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Document Details

Report Year

2021

Reporting Period

Apr 1, 2020 - Mar 31, 2021

Fiscal Year

2021

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Employees