OrbusNeich Medical Group Holdings Limited (HK:6929) has released an update.
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OrbusNeich Medical Group Holdings Limited reported a decline in its interim financial results for the first half of 2024, with a 3.1% decrease in revenue and a significant 25.2% drop in profits compared to the same period in 2023. The company also experienced a decrease in both gross profit and net profit margins, highlighting challenges in profitability. This performance reflects the various financial pressures the company is facing, including increased costs and investments in research and development.
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