Jinhai Medical Technology H1 revenue jumps on China strength
Jinhai Medical Technology H1 revenue jumps on China strength
Overview
China-based medical device maker's half-year revenue more than doubled year-over-year
Company narrowed net loss for the period compared to last year
Loss per share improved to S$0.08 from S$0.20 a year earlier
Outlook
Company did not provide specific financial guidance or outlook for future periods in the press release
Result Drivers
CHINA MEDICAL PRODUCTS – Revenue from minimally invasive surgery solutions and medical products more than quadrupled, mainly due to business growth in China
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| S$34 mln |
|
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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