JBDI Holdings Limited ( (JBDI) ) has released a notification of late filing.
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JBDI Holdings Limited has announced a delay in filing its Form 20-F (Yearly Report) for the financial period ending May 31, 2025. The primary reason for the delay is the additional time needed to complete the financial statements required for the report. The company anticipates filing the report within 15 calendar days following the prescribed due date. Financially, JBDI Holdings Limited has experienced a decrease in total revenue by approximately $1.0 million, or 10.1%, from the previous year, alongside an increase in net loss from $1.0 million to $2.4 million, attributed to decreased demand and increased operating costs. The notification was signed by Zhaorong Liang, the Chief Financial Officer, indicating ongoing compliance efforts.
More about JBDI Holdings Limited
Average Trading Volume: 1,326,567
Technical Sentiment Signal: Strong Buy
Current Market Cap: $36.61M
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