Shanghai Kindly Posts Strong Mid-Year Financials

Shanghai Kindly Medical Instruments Co., Ltd. Class H (HK:1501) has released an update.

Shanghai Kindly Medical Instruments Co., Ltd. reports a robust financial performance with a 15.47% increase in revenue and a 23.19% surge in profit for the first half of 2024, driven by higher sales volumes of interventional medical devices and medical accessories. Gross profit also rose by 23.17%, with gross profit margins improving to 62.90%. Despite these gains, the company has decided not to pay an interim dividend for the period.

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