Summary by Moomoo AI
MICROCHUN MEDICAL SCIENCES CO., LTD. ISSUED ON MARCH 5, 2024 ITS ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2023. Despite the domestic and foreign adverse factors, the Group's sales revenue grew by more than 15% year-on-year, mainly driven by new product promotion and increased market share by subsidiaries. Among them, Cardiac Medicine, Micro Brain Science, Cardiac Medicine and Micro-Startup Robotics all achieved significant revenue growth. The Group's other major businesses also achieved steady growth, with income from emerging businesses recording index level growth. The annual loss is expected to be no more than $580.0 million, a decrease from the same period last year. Excluding one-time and non-cash provisions and losses, the annual loss will not exceed $436.0 million...Show More