C-MER Medical posts loss despite revenue nearing $2bn

C-MER Medical Holdings (HKEX:3309) reported annual results for the year ended December 31, 2024, revealing a net loss of HK$108.3 million, a stark contrast to the previous year's profit of HK$86.3 million. Revenue remained near HK$2 billion, totaling HK$1.913 billion, a slight decrease of 0.6% compared to 2023. Core medical service revenue saw a marginal increase of 0.5%.