Zylox-Tonbridge Reports Impressive Revenue Boost and Profit
Zylox-Tonbridge Reports Strong Interim Financial Results
Zylox-Tonbridge Medical Technology Co., Ltd. (HKEX: 2190), a leader in the medical technology sector, has recently revealed its interim results for the first half of the year. The company achieved remarkable revenue growth of 31.7% year-over-year, reaching a total of RMB 482 million. Even more impressive was the surge in net profit, which rose by 76.0% to exceed RMB 121 million, resulting in a net profit margin of 25.1%.
Key Highlights of Financial Performance
During this period, Zylox-Tonbridge displayed substantial performance in its core neurovascular and peripheral vascular intervention businesses. The revenue from neurovascular products reached RMB 304 million, reflecting a 25.0% increase year-over-year. Peripheral vascular products performed even better, with revenues climbing to RMB 176 million, marking a significant 46.2% increase.
Cost Efficiency and Profitability
The company's commitment to lean operations resulted in a notable reduction in combined R&D, selling, and administrative expenses as a proportion of revenue, down by seven percentage points compared to the same period last year. This strategic focus has been pivotal in enhancing the company’s profitability profile.
International Business Growth
Zylox-Tonbridge's international business also demonstrated robust growth in the first half of 2025, generating RMB 15.72 million in revenue. By mid-year, the company had successfully commercialized 22 products across 27 countries and regions, presenting over 31 products for registration in 23 markets. The extensive network includes partnerships with over 60 local distributors, allowing Zylox-Tonbridge to cover a total of 52 countries and regions.
Innovative Product Pipeline
The company remains dedicated to innovation, focusing on differentiating its product offerings. The first half of the year saw crucial regulatory approvals for products such as the ZYLOX Eagle® Aspiration System and the TONBRIDGE Shunfeng™ Balloon Vascular Closure Device. These approvals enhance the company’s portfolio, with expectations for additional approvals for several other cutting-edge medical devices in the latter half of the year.
Future Prospects and Market Coverage
Zylox-Tonbridge continues to enhance its market presence through strategic investments in R&D and regulatory registration. As a result, their products now penetrate seven of the world’s top ten medical device markets, including prominent markets in Europe and emerging markets like Brazil and India. The expansion into markets such as Southeast Asia and South America represents a significant leap for the company's products.
Commitment to Clinical Innovation
The company is focused on addressing untreated clinical needs with its innovative products. For instance, the only domestically developed 12F–18F aspiration device in the country, designed for treating deep vein thrombosis, exemplifies this commitment. Additionally, a self-expanding aneurysm embolization device that integrates the benefits of coils and flow diverter technologies is being expedited for development.
Conclusion: A Bright Future Ahead
With a pipeline of 73 products—50 already approved by the NMPA—Zylox-Tonbridge is well-positioned to continue its commitment to innovation that adds real clinical value. As the company advances in both domestic and international spaces, it aims to consolidate its position as a leader in medical device innovation, contributing significantly to global healthcare.
Frequently Asked Questions
What were Zylox-Tonbridge's revenue growth figures?
In the first half of 2025, Zylox-Tonbridge reported revenue growth of 31.7% year-over-year, reaching RMB 482 million.
How much did Zylox-Tonbridge's net profit increase?
The company's net profit surged by 76.0% to exceed RMB 121 million, resulting in a net profit margin of 25.1%.
What products contributed significantly to Zylox-Tonbridge's sales?
Flagship products like the SilverSnake® Intermediate Catheter Series and Kylin™ Flow Diverter recorded significant sales growth during this period.
Which markets does Zylox-Tonbridge target for international expansion?
The company aims to target several emerging markets, including Brazil, India, and Southeast Asia, for its international business growth.
What is Zylox-Tonbridge's approach to innovation?
Zylox-Tonbridge focuses on differentiated innovation that addresses unmet clinical needs, ensuring its products provide real clinical value to patients.
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