MicroPort Scientific Corporation

Equities

853 KYG608371046

Advanced Medical Equipment & Technology

Market Closed - Hong Kong S.E. Other stock markets 04:08:22 2024-04-29 am EDT			5-day change	1st Jan Change
6.27 ^HKD	+6.27%		+16.11%	-25.53%

Apr. 09	Nomura Adjusts MicroPort Scientific’s Price Target to HK$6.71 From HK$7.19, Keeps at Neutral	MT
Apr. 08	MicroPort Scientific to Receive $150 Million Loan Facility, $300 Million Credit Support to Repay Convertible Bonds	MT

MicroPort Scientific Corporation Reports Earnings Results for the Half Year Ended June 30, 2023

August 30, 2023 at 10:35 am EDT

MicroPort Scientific Corporation reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was USD 482.61 million compared to USD 404.98 million a year ago. Net loss was USD 162.62 million compared to USD 198.13 million a year ago.

Basic loss per share from continuing operations was USD 0.0894 compared to USD 0.1094 a year ago. Diluted loss per share from continuing operations was USD 0.0945 compared to USD 0.1128 a year ago.

Latest news about MicroPort Scientific Corporation

Nomura Adjusts MicroPort Scientific’s Price Target to HK$6.71 From HK$7.19, Keeps at Neutral	Apr. 09	MT
MicroPort Scientific to Receive $150 Million Loan Facility, $300 Million Credit Support to Repay Convertible Bonds	Apr. 08	MT
MicroPort Scientific Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 28	CI
Nomura Adjusts MicroPort Scientific’s Price Target to HK$7.19 From HK$17.59, Keeps at Neutral	Mar. 06	MT
MicroPort Scientific Corporation Provides Earnings Guidance for the Year Ended 31 December 2023	Mar. 05	CI
MicroPort Scientific Corporation Reports Revenue Results for the Twelve Months Ended 31 December 2023	Mar. 05	CI
MicroPort Scientific Unit to See Up to 38% Boost in 2023 Profit	Jan. 30	MT
MicroPort Scientific Raises $220 Million from Convertible Bond Issue; To Buy Back, Cancel $217 Million of Existing Bonds	Dec. 20	MT
Otsuka's Unit Remains as MicroPort Scientific's Thai Distributor Until 2026	Dec. 18	MT
EV MedTech Raises 1.8 Billion Yuan from Placement	Dec. 14	MT
MicroPort Scientific Says Businesses Maintain Steady Growth	Dec. 11	MT
MicroPort Launches Tender Offer for Zero-Coupon Bonds Due 2026; To Issue New Debts Worth $220 Million	Dec. 06	MT
MicroPort Scientific Names Dealer Managers for $700 Million Convertible Bond Buyback; Shares Plunge 19%	Dec. 05	MT
Microport Neurotech Limited and Microport Scientific Corporation Agrees to Renew the 2022 Master Materials Procurement Agreement, the 2022 Master Supporting Services Procurement Agreement and the 2022 Master Catering Services Agreement	Dec. 01	CI
MicroPort Scientific Corporation Announces Appointment of Peng Bo as Non-Executive Director and Member of the Strategic Committee	Nov. 10	CI
Shanghai MicroPort Endovascular MedTech's Profit Up 29% in Q1-Q3	23-10-30	MT
Shanghai Microport MedBot Gets Thumbs Up to Launch Toumai Surgical Robot	23-10-26	MT
MicroPort Scientific's Loss Narrows in H1	23-08-31	MT
MicroPort Scientific Corporation Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-30	CI
MicroPort Scientific Corporation Announces Board Changes	23-08-30	CI
Shanghai MicroPort Endovascular MedTech's H1 Attributable Profit Increases 30%	23-08-28	MT
Nomura Adjusts Microport's Price Target to HK$17.59 From HK$23.24, Keeps at Neutral	23-08-01	MT
Shanghai Bourse Approves EV MedTech's Proposed Share Issuance	23-07-13	MT
EV MedTech Expects Up to 30% Increase in First-Half Profit	23-07-11	MT
Microport Scientific Corporation Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2023	23-07-11	CI

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Company Profile

MicroPort Scientific Corporation is a Hong Kong-based investment holding company principally engaged in the manufacture and sales of medical products. The Company operates through seven segments. Orthopedics Devices segment researches, develops, manufactures and sells orthopedics devices. Cardiovascular Devices segment researches, develops, manufactures and sells cardiovascular devices, such as drug eluting stents. Endovascular Devices segment researches, develops, manufactures and sells endovascular devices. Electrophysiology Devices segment researches, develops, manufactures and sells electrophysiology devices. Neurovascular Devices segment researches, develops, manufactures and sells neurovascular devices. Surgical Management segment researches, develops, manufactures and sells surgical devices. Diabetes Care and Endocrinal Management segment researches, develops, manufactures and sells devices related to diabetes mellitus.

Sector

Advanced Medical Equipment & Technology

Calendar

2024-08-28 - Q2 2024 Earnings Release (Projected)

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Ratings for MicroPort Scientific Corporation

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.8011 USD

Average target price

1.703 USD

Spread / Average Target

+112.59%

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