HK-listed MicroPort NeuroScientific jumps on robust earnings outlook

MicroPort NeuroScientific

13/01/2025 06:22

** HK-listed Chinese medical devices maker MicroPort
NeuroScientific  2172.HK  jumps 8.2% to HK$8.55; set for biggest
one-day pct gain since Dec. 11, 2024
    ** Stock hits highest since Jan. 2
    ** Co expects to post net profit of 236 mln-270 mln yuan
($32 mln-$36.8 mln) for 2024, a 75%-100% rise y/y
    ** Says rev for the year expected to see "two-digit growth",
helped by increment in hospital coverage and market share; sees
twofold increase in overseas business revenue
    
($1 = 7.3317 yuan)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))