JOLIMARK (02028) issues profit warning, expected annual loss to narrow to RMB 57-67 million compared to the same period last year.

JOLIMARK (02028) announces that compared to the same period last year, the company incurred a loss of approximately RMB 79.79 million. The group expects to incur a loss of approximately RMB 57-67 million for the year ending December 31, 2024. The main reason for the losses is a decrease in demand in the dot matrix printer market, and the new products have not yet reached a significant sales scale.