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6687 — Jst News Story

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HK-listed JST Group hits 3-week high on robust H1 earnings outlook

BUZZ-HK-listed JST Group hits 3-week high on robust H1 earnings outlook

** Shares of JST Group Corporation 6687.HK jump as much as 12% to HK$14.5, their highest point since July 8

** Stock on course for the biggest one-day pct gain since June 1 on the second rising session

** The e-commerce software provider expects H1 profit attributable to be in 100 mln yuan–130 mln yuan ($14.79 mln- $19.23 mln) range, as compared to 41 mln yuan loss a year ago, thanks to revenue growth with increased gross profit margin and enhanced operating efficiency

** YTD, stock down 56.4%, Hang Seng TECH Index .HSTECH down 13.2%

($1 = 6.7605 Chinese yuan renminbi)


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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