Joyvio Food's Q1 Loss Narrows; Shares Jump 9%

MT Newswires Live

04-25

Joyvio Food's (SHE:300268) attributable loss widened to 180.9 million yuan in the first quarter from 88.0 million yuan in the year-ago period, according to a Friday filing by parent company Legend Holdings (HKG:3396) with the Hong Kong bourse.

Loss per share at the Chinese agricultural products company widened to 1.0385 yuan from 0.5054 yuan in the prior-year period.

Revenue declined 34% to 677.5 million yuan from 1.03 billion yuan in the year-ago period.

Shares in Joyvio surged 9% during afternoon trading on Friday.

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