Venus MedTech Reports 18.9% Drop in Revenue and 35.5% Decrease in Net Loss for H1 2025; EPS Improves by 34.0%

Reuters
Aug 28
Venus MedTech Reports 18.9% Drop in Revenue and 35.5% Decrease in Net Loss for H1 2025; EPS Improves by 34.0%

Venus MedTech (Hangzhou) Inc. has announced its unaudited consolidated interim results for the six months ended June 30, 2025. The company reported a revenue of RMB 187.1 million for the period, reflecting an 18.9% decrease compared to RMB 230.7 million for the same period in 2024. The gross profit also saw a decline of 24.1%, dropping from RMB 181.8 million in 2024 to RMB 138.0 million in 2025. The company reported a loss before tax of RMB 138.6 million, which is a 35.1% improvement over the loss of RMB 213.6 million recorded in the same period of the previous year. The loss for the period amounted to RMB 134.8 million, a 35.5% reduction from the RMB 208.8 million loss in the first half of 2024. Venus MedTech continues its focus on the research, development, manufacturing, and sale of bioprosthetic heart valves. The company was listed on the Main Board of The Stock Exchange of Hong Kong Limited on December 10, 2019.

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