MicroPort Scientific Flags Return to Profit on Overseas Growth and Cost Cuts

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2026.01.22 15:07
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MicroPort Scientific (HK:0853) has announced a positive profit alert, expecting a net profit of at least US$20 million for the year ending December 31, 2025, a turnaround from a net loss of approximately US$268 million the previous year. This improvement is driven by 70% revenue growth in its overseas business, enhanced gross margins from cost optimization, reduced operating expenses, and gains from subsidiary disposals. The stock currently holds a Hold rating with a price target of HK$11.00, reflecting a significant operational and financial recovery ahead of full results due by March 2026.