JS Global Lifestyle Warns of Lower 2024 Profit

MT Newswires Live

2025/01/22

JS Global Lifestyle (HKG:1691) expects at least $8.1 million in profit from continuing operations for 2024, compared to $70.3 million in 2023, a Wednesday Hong Kong bourse filing said.

The electrical appliance maker attributed the forecast to higher sales and administrative expenses and increased costs related to research and development, technology upgrades, and brand premiumization.

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