Jiu Rong Holdings Reports Increased Annual Loss

Jiu Rong Holdings Limited (HK:2358) has released an update.

Jiu Rong Holdings Limited reported a significant loss for the financial year ending December 31, 2023, with a year-on-year decrease in revenue and an increase in losses compared to 2022. The company experienced a reduction in gross profit and faced substantial other operating expenses and losses, resulting in a total comprehensive expense for the year that was markedly higher than the previous year. Following these results, the company has also announced the resumption of trading of its stocks.

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