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

Reuters
13 Jan
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))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10