MicroPort Scientific Expects H1 Loss to Widen; Shares Fall 5%

MT Newswires Live

07/18

MicroPort Scientific (HKG:0853) said it expects its H1 loss to widen year over year, according to a Hong Kong bourse filing Thursday.

Shares of the medical device company fell over 5% in morning trade Friday.

The company said it was forecasting a loss of up to $110 million for the six months ended June 30, compared with a loss of US$106.7 million in the corresponding period of 2024.

The company expects to post its financial results by the end of August.

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