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JS Global Lifestyle Reports Revenue Growth Amid Profit Decline in 2024

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JS Global Lifestyle Reports Revenue Growth Amid Profit Decline in 2024

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JS Global Lifestyle Company Limited ( (HK:1691) ) has provided an update.

JS Global Lifestyle Company Limited reported its annual results for the year ended December 31, 2024, showing a revenue increase of 11.5% to US$1,593.6 million. Despite this growth in revenue, the company experienced significant declines in profitability, with profit from continuing operations decreasing by 87.5% and EBITDA falling by 86.5%. These results indicate challenges in maintaining profitability, potentially impacting the company’s market positioning and stakeholder confidence.

More about JS Global Lifestyle Company Limited

JS Global Lifestyle Company Limited is a company incorporated in the Cayman Islands, operating in the lifestyle industry. The company focuses on providing a range of lifestyle products and services, although specific market focus details are not provided in the release.

YTD Price Performance: 30.94%

Average Trading Volume: 87,737,363

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$6.23B

Learn more about 1691 stock on TipRanks’ Stock Analysis page.

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