Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
J-Long Group Limited ( (JL) ) has shared an update.
J-Long Group Limited announced its unaudited financial results for the six months ended September 30, 2024, showing a revenue increase of approximately 30.6% to $19.0 million compared to the same period in 2023, primarily driven by increased orders from key customers. Net income also rose by $0.9 million to $2.3 million, reflecting improved financial performance. The company’s financial position as of September 30, 2024, includes total assets of $20,024,796 and total liabilities of $7,543,271, with a strong working capital ratio of 2.6, indicating robust liquidity and operational efficiency.
More about J-Long Group Limited
J-Long Group Limited is a Hong Kong-based distributor specializing in reflective and non-reflective garment trims. Their product offerings include heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers, and drawcords. The company provides comprehensive services such as market trend analysis, product design, development, production, and quality control to meet the diverse needs of their customers in the garment trims industry.
YTD Price Performance: 27.95%
Average Trading Volume: 158,980
Technical Sentiment Consensus Rating: Sell
Find detailed analytics on JL stock on TipRanks’ Stock Analysis page.
