MicroPort Scientific First Half 2024 Earnings: US$0.053 loss per share (vs US$0.089 loss in 1H 2023)

Simply Wall St · 09/29 00:42

MicroPort Scientific (HKG:853) First Half 2024 Results

Key Financial Results

  • Revenue: US$558.7m (up 16% from 1H 2023).
  • Net loss: US$96.8m (loss narrowed by 41% from 1H 2023).
  • US$0.053 loss per share (improved from US$0.089 loss in 1H 2023).
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SEHK:853 Earnings and Revenue Growth September 29th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

MicroPort Scientific Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Medical Equipment industry in Hong Kong.

Performance of the Hong Kong Medical Equipment industry.

The company's shares are up 19% from a week ago.

Risk Analysis

Be aware that MicroPort Scientific is showing 1 warning sign in our investment analysis that you should know about...