Picture of Jinhai Medical Technology logo

2225 — Jinhai Medical Technology News Story

0.000.00%
hk flag iconLast trade - 00:00
IndustrialsHighly SpeculativeMid CapNeutral

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


Reuters Recommended Reads

  • Aug 25 - China's Weigao H1 profit falls 23% as price drops, competition hit margins

  • Aug 24 - China's Shanghai INT Medical Instruments H1 revenue jumps on acquisitions

  • Aug 24 - China's Peijia Medical H1 revenue jumps on transcatheter valve therapeutics growth


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

Recent news on Jinhai Medical Technology

See all news