HK Stock Market Move | JXR(01951) is currently down more than 4%. The company will release its performance next Monday. It was previously expected to not exceed a loss of 1.09 billion yuan in the first half of the year.
Jin Xin Reproduction (01951) is currently down more than 4%, as of the time of writing, down 3.85% to HKD 3.25, with a turnover of HKD 1.18 billion.
JXR (01951) is now down over 4%, as of writing, it is down 3.85% to 3.25 Hong Kong dollars, with a turnover of 1.18 billion Hong Kong dollars.
In terms of news, JXR plans to review its mid-term performance for 2025 on August 25th (next Monday). The company previously issued a profit warning, stating that under the International Financial Reporting Standards, it is estimated to incur a loss of no more than 1.09 billion Chinese yuan in the first half of the year, compared to a net profit of 190 million Chinese yuan in the same period last year. The expected loss is mainly due to impairment and provisions for certain goodwill, intangible assets, and other financial assets of the group's business in the United States and Laos.
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