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Jolimark Holdings ( (HK:2028) ) just unveiled an announcement.
Jolimark Holdings Limited has issued a profit warning, indicating an expected loss between RMB57 million and RMB67 million for the year ending December 31, 2024. This anticipated loss, although an improvement from the previous year’s loss of RMB79.793 million, is largely due to decreased market demand for dot-matrix printers and the slow scalability of new products. Stakeholders are advised to exercise caution as the final financial results may differ from these preliminary figures.
More about Jolimark Holdings
Jolimark Holdings Limited, incorporated in the Cayman Islands, operates in the technology sector, focusing primarily on the production and sale of dot-matrix printers. The company is currently navigating challenges in market demand and is working on scaling sales of new products.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.05M
See more data about 2028 stock on TipRanks’ Stock Analysis page.