MICROPORT (00853) climbed over 5% following its earnings announcement. As of press time, the stock gained 5.28% to HK$12.75, with trading volume reaching HK$44.08 million.

On August 29, MICROPORT released its interim results for 2025, reporting revenue of approximately $547.5 million, down 2% year-over-year. The company recorded a loss attributable to equity shareholders of $46.602 million, representing a 51.9% improvement in loss reduction compared to the previous year. Basic loss per share stood at 2.53 cents.

According to the announcement, the narrowed loss was primarily attributed to a 14.5% reduction in the combined total of sales, management, and research & development expenses during the reporting period compared to the same period in 2024. The operating expense ratio improved by 8.1 percentage points year-over-year, with the R&D expense ratio declining from 20.6% to 13.2%.

The group completed the disposal of several non-core businesses during the reporting period, generating positive returns of $26.1 million for the company.