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medilink-global uk ltd (MEDI) Snapshot

1.25 GBp
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52 Week High
05/16/13 - 4.50 GBp
52 Week Low
04/22/13 - 0.75 GBp
Market Cap
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-0.0050 GBp
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medilink-global uk ltd (MEDI) Details

Medilink-Global UK Limited provides third party administration services through electronic healthcard network that facilitates the administration of medical claims and healthcare data management for insurance companies and corporate clients. It operates through two segments, Third Party Administrator and Software Licensing. The company offers its third party administration services to facilitate the administration of the in-patient and out-patient healthcare schemes of corporate organizations and insurance companies; cross border healthcare solutions; and emergency medical assistance facilitation services, which provide out of hospital acute medical care and/or transport to definitive care. It also provides medical second opinion service for medical advice relating to diagnosis and treatment from practicing physicians; e-health management platform that offers content, guidance, and advice about health and wellness; traditional chinese medicine that include a range of traditional medical practices originating in China; and healthcare management services. In addition, the company offers project management and facilities management, as well as system integration services to the third party administration and insurance companies. It operates in Singapore, the People’s Republic of China, and Malaysia. The company was incorporated in 2008 and is based in St. Helier, Channel Islands.

Founded in 2008

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medilink-global uk ltd (MEDI) Key Developments

Medilink-Global UK Limited Announces Consolidated Unaudited Earnings Results for the Six Months Ended June 30, 2013; Provides Earnings Guidance for the Second Half Year of 2013

Medilink-Global UK Limited announced consolidated unaudited earnings results for the six months ended June 30, 2013. For the period, the company reported revenue of £1,093,000 against £958,000 a year ago. Operating loss was £235,000 against £366,000 a year ago. Improvement in operating performance was attributable to revenue growth in both Malaysia and China and continued cost saving measures within MediLink's operations in Singapore. Loss before taxation was £237,000 against £367,000 a year ago. Loss after taxation and for the period was £237,000 against £367,000 a year ago. Loss per diluted share was 0.20 pence against 0.30 pence a year ago. Net cash from operations was £708,000 against net cash used in operation of £74,000 a year ago. Purchase of property, plant and equipment was £151,000 against £35,000 a year ago. Growth in revenues increased by 14% over the same period last year, with revenue from Malaysia and China growing by 8% and 38% respectively. The company announced that with the steady improvement in revenue generated from membership growth in its Malaysia and China operations, the directors are confident that the group's financial performance should continue to improve in the second half of 2013 and during the financial years thereafter.

Medilink-Global UK Limited Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2012

Medilink-Global UK Limited announced audited consolidated earnings results for the year ended December 31, 2012. For the year, the company reported loss after taxation attributable to equity holders of £705,000 or 0.58 pence basic and diluted loss per ordinary share on revenue of £2,084,000 compared to loss after taxation attributable to equity holders of £3,338,000 or 2.80 pence basic and diluted loss per ordinary share on revenue of £1,848,000 of prior year. Operating loss was £702,000 against £3,326,000 of prior year. Net cash outflow from operations was £319,000 against £424,000 of prior year. Purchase of property, plant and equipment was £48,000 against £237,000 of prior year.

Medilink-Global UK Limited, Annual General Meeting, Jul 29, 2013

Medilink-Global UK Limited, Annual General Meeting, Jul 29, 2013., at 08:30 Indian Standard Time. Location: 4th Floor, Office Tower, Syed Kechik Foundation Building,.


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