HK-listed Microport set to climb most since September on expected swing to annual profit

MicroPort Scientific

23/01/2026 04:22

** Shares of medical devices manufacturer Microport Scientific Corp 0853.HK rise 13.6% to HK$14.16, their highest level since October 10

** Stock set for the biggest one-day pct rise since September 1, on track for the fourth straight session of gain

** Microport expects to achieve a turnaround to profitability in 2025 with net profit of at least $20 mln, compared to a net loss of $268 mln in 2024

** The expected turnaround is due to revenue growth driven by growth of its products sales in overseas markets and a decrease in operating expenses due to lean management and enhanced efficiency, the co says, helping increase gross profit margin

** YTD, stock up 20.1%, benchmark Hang Seng Index .HSI up 4.2%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))