JS Global Reports Growth and Profit Challenges

JS Global Lifestyle Company Limited (HK:1691) has released an update.

JS Global Lifestyle Company Limited reported a significant revenue increase of 29.5% year-on-year to US$743.0 million for the first half of 2024, although profit from continuing operations fell by 35.9% to US$29.6 million. The company’s EBITDA also saw a decrease, highlighting challenges despite growth in sales. This mixed financial performance indicates both progress and setbacks for the company in its recent operations.

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