Jolimark Holdings (HK:2028) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Jolimark Holdings Limited has issued a profit warning, indicating an expected loss of RMB 40 to 45 million for the first half of 2024, which is an increase from the previous year’s RMB 34.431 million loss. The company attributes this expected loss primarily to the impairment of long-term assets and cautions shareholders and potential investors to exercise care when dealing with its securities. The interim financial results are yet to be audited and will be released by the end of August 2024.
For further insights into HK:2028 stock, check out TipRanks’ Stock Analysis page.