JS Global Lifestyle's (HKG:1691) profit attributable to owners in 2024 slumped 95% to $6.2 million from $131.7 million, according to a Hong Kong Stock Exchange disclosure on Thursday.
Earnings per share dropped year on year to $0.002 from $0.038.
The electrical appliance maker's revenue climbed 12% to $1.60 billion from $1.43 billion in the preceding year, the disclosure said.
The company's shares closed less than 6% higher.
No dividend was recommended for the period.
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