tiprankstipranks
Trending News
More News >

Joy Spreader Group Inc. Reports Significant Financial Decline in 2024

Story Highlights
Joy Spreader Group Inc. Reports Significant Financial Decline in 2024

Confident Investing Starts Here:

An update from Joy Spreader Group Inc. ( (HK:6988) ) is now available.

Joy Spreader Group Inc. reported a significant decline in its financial performance for the year ended December 31, 2024, with revenue dropping by 97.77% and gross profit decreasing by 99.77% compared to the previous year. The company faced substantial losses, with a net loss margin of 942.97%, indicating severe financial challenges. The operational results also showed a drastic reduction in overseas sales and the gross merchandise value of its algorithm-based marketing business, reflecting a challenging market environment.

More about Joy Spreader Group Inc.

Joy Spreader Group Inc. operates in the e-commerce and algorithm-based marketing industry, focusing on overseas sales of e-commerce goods and domestic short video platform e-commerce marketing.

Average Trading Volume: 9,333

Technical Sentiment Signal: Buy

Current Market Cap: €28.68M

See more insights into 6988 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1