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Jolimark Holdings Reports Increased H1 Losses

Jolimark Holdings Reports Increased H1 Losses

Jolimark Holdings (HK:2028) has released an update.

Jolimark Holdings Limited reported a loss for the first half of 2024 with a significant drop in revenue to RMB 84,237,000 compared to RMB 117,988,000 in the same period of 2023. The company experienced a gross loss, as well as increased operating losses, amounting to RMB 43,495,000 for the period, a larger loss than the RMB 34,431,000 reported in the previous year, reflecting challenges in the market and operational costs. The loss per share also increased, indicating a downturn in financial performance for the stakeholders.

For further insights into HK:2028 stock, check out TipRanks’ Stock Analysis page.

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