HK Stock Market Move | MEDBOT-B (02252) rose over 4% again. Timi's increased volume significantly boosts revenue, while overseas growth remains strong.
The minimally invasive robot - B (02252) has risen over 4%, and as of the time of this report, it has increased by 3.51%, priced at HKD 24.18, with a transaction volume of HKD 54,320,800.
MEDBOT-B (02252) has risen more than 4%, and as of the time of this report, it is up 3.51% at HKD 24.18, with a trading volume of HKD 54.32 million.
In news, Micron Siasun Robot & Automation recently announced a profit warning, expecting a net profit of HKD 28 million to HKD 40 million for the first half of the year, compared to a loss of HKD 115 million during the same period last year. This marks the company's first half-year profit. Revenue is expected to grow by approximately 200% to 230% year-on-year, estimated to be around HKD 527 million to HKD 580 million. The overseas income from the company's key product, Siasun Robot & Automation, has increased by over 450%, with an overall gross profit margin improvement of more than 15 percentage points.
HAITONG INT'L believes that the company's turnaround from loss to profit in the first half of the year is attributed to a combination of revenue growth, improved gross margins, and optimized cost control. With the ramp-up in domestic and international installations, the company's economies of scale and operational leverage are expected to be gradually released.
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