MicroPort Scientific's (HKG:0853) subsidiary Shanghai MicroPort Endovascular MedTech (Group) (SHE:688016) expects to book net profit attributable to equity owners between 492.5 million yuan and 541.0 million yuan for 2024, 0.01% to 9.86% higher than the preceding year, a Monday Hong Kong bourse filing said.
The expected increase was attributed to an increase in overseas revenue and the number of Hospitals entered by Shanghai MicroPort Endovascular MedTech, a continued momentum contributed by its products, and an increase in the number of terminal implants for its new products during the reporting period.