Jolimark Holdings Expects Narrower Loss for 2024

MT Newswires Live

03/11

Jolimark Holdings (HKG:2028) expects a loss between 57 million yuan and 67 million yuan for 2024, narrower than the 79.8 million yuan loss in 2023, a Monday Hong Kong bourse filing said.

The printer manufacturer attributed the expected loss to new products yet to realize sales scalability and a decrease in market demand for dot-matrix printers.

Price (HKD): $0.05, Change: $-0.010, Percent Change: -15.63%

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