Stock Track | JLMAG Soars 5.09% Intraday on Strong Q1 Earnings and Dividend Announcement

Stock Track04-29 10:15

JLMAG's stock soared 5.09% during intraday trading on Wednesday, driven by the company's robust first-quarter financial performance and a shareholder-approved cash dividend.

The surge follows the release of JLMAG's unaudited Q1 2026 results, which showed revenue climbing 16.05% year-on-year to approximately RMB 2.04 billion. Net profit attributable to shareholders rose 20.09% to about RMB 193 million, while adjusted net profit surged 65.95% to RMB 176 million. Key operational improvements included a significant expansion in gross profit margin and a strong reversal in operating cash flow.

Concurrently, the company announced a final dividend of RMB 2.2 for every 10 shares for the fiscal year 2025, which was approved at the Annual General Meeting. The combination of strong earnings growth and a shareholder return policy has positively influenced market sentiment toward the stock.

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