Health Cloud Platform Revenue Soars

UCrest Berhad’s Q4 FY2018 financial result shows that it has achieved another record high quarter. The Company has been achieving record highs in the past five consecutive quarters in revenue and profits.

The Company achieved revenue of RM16.9M of and a profit of slightly above RM4.0M for the quarter ending May 31, 2018, which is 37% increase in revenue and 15% increase in profit over Q3 FY2018.

Eg Kah Yee, Chairman of UCrest says, “The strong financial result is due to increasingly more doctors and hospitals embracing our technologies led by the innovative hospitals and doctors who are more tech-savvy. They are the ones that will power up the disruption in the medical practices using the latest and most advance technologies for diagnosis and therapeutic to achieve a higher success rate for the benefits of the patients. Market reports show that the online and AI medicines market is growing rapidly as seen in parallel fashion in our financial result. We expect this trend to continue over the next few years.”

The Company’s imedic enables doctors anywhere in the world to provide online medical services to patients, giving patients the best available medical services. Based on block chain technology, imedic is protecting patient medical records with the ultimate security. Patients using imedic managed by doctors regularly have prevented fatal heart attacks or managed to save their own lives.

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