JOLIMARK issued a profit warning, expecting annual losses to narrow to RMB 57 million - 67 million year-on-year
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According to the announcement from JOLIMARK, compared to a loss of approximately RMB 79.793 million in the same period last year, the group expects to incur a loss of approximately RMB 57 million to RMB 67 million for the year ending December 31, 2024. The main reason for the loss is the decrease in demand for dot matrix printers, and new products have not yet achieved scale sales
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