MICROPORT (00853) announced its interim results for 2025, reporting revenue of approximately $547.5 million, a decrease of 2% year-over-year. The loss attributable to equity shareholders was $46.602 million, representing a 51.9% reduction in losses compared to the same period last year. Basic loss per share was 2.53 cents.
According to the announcement, the narrowed loss was primarily attributed to a 14.5% reduction in the total amount of the Group's sales, administrative, and R&D expenses during the reporting period compared to the same period in 2024. The operating expense ratio improved by 8.1 percentage points year-over-year, with the R&D expense ratio declining from 20.6% to 13.2%.
During the reporting period, the Group completed the disposal of several non-core businesses, generating positive income of $26.1 million for the Group.