tiprankstipranks
JOINN Labs Reports Significant Interim Losses
Company Announcements

JOINN Labs Reports Significant Interim Losses

JOINN Laboratories (China) Co., Ltd. Class H (HK:6127) has released an update.

Pick the best stocks and maximize your portfolio:

JOINN Laboratories (China) Co., Ltd. reported a challenging interim financial performance for the first half of 2024, with a significant decrease in revenue and gross profit by 16.1% and 52.8% respectively, compared to the same period in 2023. The company also faced a substantial loss for the period, with a 292.4% negative swing from the previous year’s profit. Despite these setbacks, the net assets attributable to equity shareholders saw a slight decline of just 1.3%.

For further insights into HK:6127 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App