-+ 0.00%
-+ 0.00%
-+ 0.00%
Changes in Hong Kong stocks | Minimally Invasive Robot-B (02252) rose more than 7% in early trading and turned a loss for the first time in the first half of the year to a significant increase in the installed capacity of Yingtumai at home and abroad
Share
Listen to the news

The Zhitong Finance App learned that minimally invasive robot-B (02252) rose by more than 7% in early trading. As of press release, it had risen 7.52% to HK$21.74, with a turnover of HK$674.207 million.

According to the news, Minimally Invasive Robotics recently announced Yingxi. Net profit for the first half of the year is expected to be 28 million to 40 million yuan, with a loss of 115 million yuan in the same period last year. The company achieved semi-annual profit for the first time; revenue increased by about 200% to 230% over the same period last year, and is estimated to be about 527 million to 580 million yuan. Overseas revenue of Tumai Robotics, an important product of the company, increased by more than 450%, and overall gross margin increased by more than 15 percentage points.

Haitong International believes that the volume of investment has driven a significant increase in revenue and continued to grow at a high rate overseas; gross margin has increased significantly, and the ratio of expenses to revenue has been further optimized. The bank pointed out that the company turned losses into profits in the first half of the year thanks to the combination of revenue growth, improved gross margin, and optimization of cost control. Along with the volume of installed capacity at home and abroad, the company's scale effect and operating leverage are expected to be gradually released.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending