BUZZ-HK-listed MicroPort NeuroScientific jumps on robust earnings outlook

Reuters
01-13
BUZZ-HK-listed MicroPort NeuroScientific jumps on robust earnings outlook

** HK-listed Chinese medical devices maker MicroPort NeuroScientific 2172.HK jumps 8.2% to HK$8.55; set for biggest one-day pct gain since Dec. 11, 2024

** Stock hits highest since Jan. 2

** Co expects to post net profit of 236 mln-270 mln yuan ($32 mln-$36.8 mln) for 2024, a 75%-100% rise y/y

** Says rev for the year expected to see "two-digit growth", helped by increment in hospital coverage and market share; sees twofold increase in overseas business revenue

($1 = 7.3317 yuan)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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