JMI Hospital Requisite to invest Tk 11.5cr in subsidiary

JMI Hospital Requisite Manufacturing Ltd (JHRML) will inject Tk 11.50 crore into its subsidiary, JMI Specialized Hospital Limited, to complete an ongoing project, purchase machinery, and strengthen working capital.

According to a disclosure posted on the Dhaka Stock Exchange (DSE) website yesterday, the board-approved investment is aimed at supporting the hospital's expansion and related requirements.

JHRML, a manufacturer of medical devices and components, reported a 14 percent year-on-year decline in net profit to Tk 6.24 crore in the January-March quarter of 2025.

Founded in 2008 through a joint venture with South Korea, the company produces a wide range of products, including IV cannulas, bulk needles, blood transfusion sets, and urine drainage bags. Its products are sold both domestically and internationally, according to its website.

As of September 30, 2025, the company's shareholding structure stood at: sponsors and directors 32.30 percent, institutions 43.05 percent, and public shareholders 24.65 percent, DSE data shows.