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JOINN Laboratories Reports Significant Decline in 2024 Financial Results

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JOINN Laboratories Reports Significant Decline in 2024 Financial Results

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

JOINN Laboratories announced its audited consolidated annual results for the year ended December 31, 2024, revealing a significant decline in financial performance compared to the previous year. The company’s revenue decreased by 15.1%, gross profit fell by 48.4%, and profit for the year plummeted by 82.2%. This downturn in financial results may impact the company’s market positioning and stakeholder confidence.

More about JOINN Laboratories (China) Co., Ltd. Class H

JOINN Laboratories (China) Co., Ltd. is a joint stock company incorporated in China, operating within the laboratory and research industry. The company focuses on providing comprehensive laboratory services, which include research and development, and other scientific services.

YTD Price Performance: 71.12%

Average Trading Volume: 2,560,800

Technical Sentiment Signal: Sell

Current Market Cap: HK$16.72B

See more insights into 6127 stock on TipRanks’ Stock Analysis page.

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