Medical device maker Microport loses most in two weeks on tepid first-half outlook

MicroPort Scientific

18/07/2025 04:19

** Shares of orthopaedic and cardiovascular medical devices manufacturer Microport Scientific Corp 0853.HK fall 6.1% to HK$8.66, their biggest intraday pct drop since July 4

** Company expects to record up to $110 million loss in H1, compared with $106.7 million loss last year, with revenue down about 4% y/y

** Says results hit by volatile geopolitical and international trade conflicts, and intensified domestic industry competition, among others

** Except the surgical robot business, all of the other major business segments recorded revenue decline or growth slowdown to varying extents - Microport

** Hong Kong's healthcare index .HSCIH adds 0.1% and Hang Seng Index .HSI climbs 0.9%

** YTD, stock up 35.7%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))