MicroPort Reports Strong Revenue Growth and Reduced Losses

MicroPort Scientific (HK:0853) has released an update.

MicroPort Scientific Corporation reported a 17% revenue increase to $558.7 million and a 63.1% decrease in adjusted net loss for the first half of 2024, reflecting strong growth across its subsidiaries and product lines. The company’s loss for the period also decreased by more than half, indicating significant improvements in operational efficiency and a successful focus on core businesses.

For further insights into HK:0853 stock, check out TipRanks’ Stock Analysis page.