Jinke Smart Services Reports Revenue Decline and Losses

Jinke Smart Services Group Co., Ltd. Class H (HK:9666) has released an update.

Jinke Smart Services Group Co., Ltd. reported a revenue decrease of 2.2% and a gross profit decrease of 17.6% in the first half of 2024 compared to the same period in 2023. The company also experienced a loss of approximately RMB 190.3 million during this period, marking a significant downturn from the previous year’s profit. The firm’s cash and cash equivalents remain substantial, totaling around RMB 2.95 billion.

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