JOINN Laboratories Projects H1 2024 Losses
Company Announcements

JOINN Laboratories Projects H1 2024 Losses

JOINN Laboratories (China) Co., Ltd. Class H (HK:6127) has released an update.

JOINN Laboratories (China) Co., Ltd. anticipates a decrease in both revenue and net profit for the first half of 2024, with expected revenue down by approximately 3.8% to 28.9% compared to the previous year. The company projects a net loss for shareholders, in contrast to the profit reported in the same period last year, highlighting challenges in its laboratory services and biological assets valuation.

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