JS Global Lifestyle Company Limited (HKG:1691)
Hong Kong · Delayed Price · Currency is HKD 1.360
+0.030 (2.26%)
Jun 1, 2026, 4:08 PM HKT
JS Global Lifestyle Company Earnings Call Transcripts
Fiscal Year 2024
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Revenue grew 11.5% year-over-year to $1.59 billion, driven by SN APAC's strong expansion, while Joyoung faced a 3% revenue decline amid fierce competition. Gross margin improved, but net profit fell due to Joyoung's challenges and APAC investments.
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Revenue grew 29.5% year-over-year in H1 2024, driven by strong APAC performance and new product launches. Gross margin improved, with APAC maintaining a high 40%-45% level, and all interest-bearing loans repaid. Continued investment in innovation and market expansion is expected.