FilingReader Intelligence
JOINN Laboratories expects first half 2025 profit turnaround
July 14, 2025 at 11:40 AM UTC•By FilingReader AI
JOINN Laboratories forecasts first half 2025 revenue of RMB635m to RMB702m, down 17% to 25% year-on-year. Despite the decline, the company expects net profit of RMB50m to RMB75m, reversing last year's RMB170m loss.
The turnaround comes despite its core laboratory services business remaining loss-making, with biological assets fair value changes and fund management gains driving profitability.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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HKEX:6127•Hong Kong Exchange
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