Zylox-Tonbridge Medical Technology Co., Ltd. Class H (HK:2190) has released an update.
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Zylox-Tonbridge Medical Technology Co., Ltd. has reported a significant increase in revenue and profits for the first half of 2024 compared to the same period in 2023, with revenue soaring by 59% and a substantial turnaround to a net profit of RMB 68.9 million. This growth was driven by strong sales growth in both neurovascular and peripheral-vascular interventional devices. The company also highlighted its strategic focus on enhancing medical care accessibility, product innovation, and operational efficiency, which contributed to an impressive surge in non-IFRS adjusted net profit of RMB 78.2 million.
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