Shanghai MicroPort jumps on semi-annual profitability expectations

Shanghai MicroPort MedBot (Group)

23/07/2026 03:01

** Shares of Shanghai MicroPort MedBot (Group) 2252.HK jump 12.6% to HK$24.56, on course for the biggest one-day pct rise since July 3
** Stock hit the highest level since July 16 on the fourth straight rising session 
** China-based surgical robots maker expects to post net profit of 28-40 million yuan ($4.14-$5.91 million) for the six months ended in June, as compared with a net loss of 115 million yuan for the same period in 2025, marking its first semi-annual profitability 
** Company's turnaround to net profit from net loss is due to the combined effects of revenue growth, improvement of gross profit margin and optimisation of expense control 
** YTD, stock down 2%, the benchmark Hang Seng Index .HSI down 2.3%
     
     
     
     
($1 = 6.7697 Chinese yuan renminbi)

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