<div id="readability-page-1"><div>** Shares of medical devices manufacturer Microport Scientific Corp rise 13.6% to HK$14.16, their highest level since October 10** Stock set for the biggest one-day pct rise since September 1, on track for the fourth straight session of gain** Microport expects to achieve a turnaround to profitability in 2025 with net profit of at least $20 mln, compared to a net loss of $268 mln in 2024** The expected turnaround is due to revenue growth driven by growth of its products sales in overseas markets and a decrease in operating expenses due to lean management and enhanced efficiency, the co says, helping increase gross profit margin ** YTD, stock up 20.1%, benchmark Hang Seng Index up 4.2%</div></div>

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Shares of Microport Scientific Corp rose 13.6% to HK$14.16, marking their highest level since October 10. The stock is set for its largest one-day percentage increase since September 1, continuing a four-day gain streak. Microport anticipates a return to profitability in 2025, projecting a net profit of at least $20 million, a significant recovery from a $268 million loss in 2024. This turnaround is attributed to increased product sales overseas and reduced operating expenses, enhancing gross profit margins. Year-to-date, the stock is up 20.1%, compared to a 4.2% rise in the Hang Seng Index.

Reuters

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HK-listed Microport set to climb most since September on expected swing to annual profit