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Shanghai Kindly Medical Instruments Reports Strong 2024 Financial Results

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Shanghai Kindly Medical Instruments Reports Strong 2024 Financial Results

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The latest update is out from Shanghai Kindly Medical Instruments Co., Ltd. Class H ( (HK:1501) ).

Shanghai Kindly Medical Instruments Co., Ltd. reported a significant financial performance for the year ended December 31, 2024, with a 13.17% increase in revenue to RMB851.95 million, driven by heightened market demand and an expanded customer base. The company’s gross profit and profit for the year also saw substantial growth, with gross profit margin rising to 63.11% and profit increasing by 24.03% to RMB190.05 million, reflecting strong operational efficiency and market positioning.

More about Shanghai Kindly Medical Instruments Co., Ltd. Class H

Shanghai Kindly Medical Instruments Co., Ltd. is a joint stock company based in China, specializing in the production and sale of interventional medical devices.

YTD Price Performance: -6.22%

Average Trading Volume: 40,604

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$4.81B

Learn more about 1501 stock on TipRanks’ Stock Analysis page.

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