JS Global Lifestyle (HKG:1691) recorded a decline in attributable profit for the six months ended June 30 to $21.8 million from $127.8 million during the year-ago period, a Thursday bourse filing said.
Earnings per share stood at $0.006 during the interim period, down from HK$0.037 in the first half of 2023.
The Chinese small appliances manufacturer's revenue from continuing operations increased by 30% to $743.0 million in the half year from $573.6 million a year prior.
Shares of the company closed nearly 3% lower on Friday.
Price (HKD): $1.53, Change: $-0.040, Percent Change: -2.55%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments