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Jolimark Holdings Reports 17% Drop in Revenue and Increased Loss for H1 2025

Reuters2025-08-27

Jolimark Holdings Reports 17% Drop in Revenue and Increased Loss for H1 2025

Jolimark Holdings Limited has reported its unaudited consolidated results for the six months ended 30 June 2025. The company recorded a revenue of RMB 70.195 million, a decrease from RMB 84.237 million in the same period in 2024. The cost of goods sold also declined to RMB 67.219 million from RMB 88.210 million in the previous year, resulting in a gross profit of RMB 2.976 million, compared to a gross loss of RMB 3.973 million in 2024. The company reported a loss for the period of RMB 31 million, showing an improvement from the loss of RMB 43.495 million reported in the same period last year. Selling and marketing expenses decreased to RMB 10.605 million from RMB 13.276 million, while administrative expenses were reduced to RMB 15.127 million from RMB 17.695 million. Other income increased to RMB 1.571 million from RMB 691,000 in 2024. Meanwhile, the net impairment losses reversed on financial assets amounted to RMB 208,000, down from RMB 763,000 in the previous year. Research and development expenses slightly increased to RMB 7.068 million from RMB 6.768 million. The company has not provided any specific guidance or outlook in its announcement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jolimark Holdings Limited published the original content used to generate this news brief on August 27, 2025, and is solely responsible for the information contained therein.

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.

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