HK Stock Market Move | BASECARE-B (02170) fell by more than 11%, with mid-term revenue decreasing by 18.76% year-on-year and losses expanding to 121 million yuan.

date
01/09/2025
avatar
GMT Eight
Becon Medical-B (02170) fell more than 11%, as of the time of writing, down 11.34% to 3.44 Hong Kong dollars, with a turnover of 5.3292 million Hong Kong dollars.
BASECARE-B (02170) fell by more than 11%, dropping to 3.44 Hong Kong dollars, with a turnover of 5.3292 million Hong Kong dollars at the time of publication. On the news front, Beck Medical announced its mid-term performance for 2025, with a group revenue of 101 million yuan, a decrease of 18.76% year-on-year; the shareholder's attributable loss was 121 million yuan, an increase of 1.31% year-on-year. The financial report disclosed that in the reporting period, the decrease in revenue was not only affected by the overall slowdown in industry growth affecting the group's performance, but the group also actively reduced some lower-profit projects this year in order to increase overall profitability.