JS Global Lifestyle's Profit Plummets 95%, Revenue Climbs 12% in 2024

MT Newswires Live
28 Mar

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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