Suzhou Basecare Medical Forecasts Up to 62% Rise in H1 Revenue

MT NewswiresJul 12 04:57 ET

Beacon Medical Group - B (02170.HK): revenue increased by 49%-62% year-on-year in the first half of the year.

On July 12th, GlobeNewswire reported that Becon Medical-B (02170.HK) announced that during the period from January 1st to June 30th, 2024, the group's revenue was approximately 1.273-0.1384 billion yuan, a year-on-year increase of about 49%-62%. The announcement stated that the increase in revenue during this period was mainly due to (i) the group's acquisition of Singaporean BMX Holdco Pte. Ltd. and then combining its financial performance into the group's global sales performance. The group has built an extensive global sales network and has achieved international sales of domestically developed products while overseas performance continues to grow.

Gelonghui FinanceJul 11 18:31 ET

The Market Lifts Suzhou Basecare Medical Corporation Limited (HKG:2170) Shares 27% But It Can Do More

Simply Wall StMay 9 18:34 ET

BASECARE-B: ANNUAL REPORT 2023

Hong Kong Stock ExchangeApr 24 04:47 ET · Announcements

Beacon Medical (2170.HK) achieved a 50% increase in both revenue and gross profit, with the heavyweight acquisition helping to create a Chinese version of Vitrolife.

Since Beijing first included 16 assisted reproduction projects in medical insurance in June last year, with the promotion of the National Medical Insurance Bureau, Guangxi, Inner Mongolia, Gansu, and other places have also followed suit and included some assisted reproduction projects in medical insurance, including oocyte retrieval, embryo culture, embryo transplantation, sperm selection, pre-implantation genetic diagnosis for monogenic diseases (PGT-M), pre-implantation genetic diagnosis for chromosomal disorders (PGT-SR), cell cryopreservation, etc. The overall reimbursement ratio of these projects is as high as 50%-70%, and some projects can even achieve second reimbursement.

Gelonghui FinanceApr 3 09:45 ET

BASECARE MEDICAL-B (02170. HK) Announces Annual Performance: Revenue and Gross Profit Growth of 48% and 53%, Completing Acquisition of BMX to Accelerate Globalization Layout

Gelonghui FinanceMar 29 02:42 ET