LifeTech Scientific Expects Attributable Profit to Halve in H1
MT Newswires Live
Aug 13
LifeTech Scientific (HKG:1302) expects attributable profit for the first half of 2026 to fall to about 110 million yuan to 120 million yuan, from 238.5 million yuan a year earlier, according to a Wednesday Hong Kong bourse filing.
The medical device company attributed the expected decline mainly to lower revenue and a significant decrease in net exchange gains.
The company expects to publish its interim results by the end of August.
Shares of LifeTech were down more than 3% in Thursday morning trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.