HK's JS Global Lifestyle hits record high on robust earnings estimates

JS Global Lifestyle

02/03/2021 02:47

** Shares of electrical appliances maker and distributor JS
Global Lifestyle Co Ltd  1691.HK  rise as much as 14.8% to
HK$24.85 — an all-time high 
    ** Stock last up 9.5%, on course for second consecutive
session of gains
    ** Company expects its consolidated profit for 2020 to rise
to $385 mln, compared with $85 mln profit in 2019, due to
revenue growth across all major products, new products launches,
and robust performance in North American and European markets
 urn:newsml:reuters.com:*:nFWN2KZ142
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
rises 1.1%
    ** The Hang Seng China enterprises index  .HSCE  climbs
0.7%, and the benchmark index  .HSI  gains 0.2%
    ** As of last close, the stock had risen 44.5% this year 

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)