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MicroPort Scientific Reports Improved Financial Results and Global Expansion

Story Highlights
  • MicroPort Scientific’s revenue increased by 10% year-on-year, with net loss narrowing by 59%.
  • The company expanded its global reach, with products now in over 20,000 hospitals worldwide.
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MicroPort Scientific Reports Improved Financial Results and Global Expansion

MicroPort Scientific ( (HK:0853) ) has shared an announcement.

MicroPort Scientific announced its annual results for the year ended December 31, 2024, reporting a revenue increase of 10% year-on-year, excluding foreign exchange impacts, and a significant narrowing of net loss by 59%. The company attributed this improvement to increased international sales, strategic divestments, and enhanced operational efficiency. MicroPort’s global commercialization platform has enabled its products to reach over 20,000 hospitals in more than 100 countries, strengthening its market position and expanding its competitive edge. The company remains focused on financial health and core business operations to drive sustainable growth.

More about MicroPort Scientific

MicroPort Scientific Corporation is a company incorporated in the Cayman Islands, operating in the medical device industry. It focuses on developing and commercializing innovative medical products, with a strong emphasis on expanding its global market presence.

YTD Price Performance: 43.42%

Average Trading Volume: 22,698

Technical Sentiment Signal: Hold

Current Market Cap: $2.06B

See more insights into 0853 stock on TipRanks’ Stock Analysis page.

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