MicroPort Scientific (HKG:0853) saw a 41% decline in attributable loss for the six months ended June 30 to $96.8 million from $162.6 million during the year-ago period, the company's interim report posted on the Hong Kong bourse on Thursday stated.
Loss per share stood at $0.0563, down from $0.0945 in the first half of 2023.
The medical device maker's revenue soared 16% to $558.7 million in the first half from $482.6 million a year prior, supported by market penetration and revenue contribution from new products.
Shares of the company closed nearly 14% higher on Friday.
Price (HKD): $6.36, Change: $+0.76, Percent Change: +13.57%
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