JX Luxventure Limited Announces Financial Results for The Six Months Ended June 30, 2023: The Company Achieved profitability in 2023 with Net Profit increase of $21,878,422 and Earnings Per Share increase of $25.89 From 2022
HAIKOU, China, Aug. 16, 2023 /PRNewswire/ -- JX Luxventure Limited (NASDAQ:JXJT) (the "Company"), a company that engages in tourism with business segments covering tourism, tourism duty-free cross-border merchandise and tourism technology solutions, today announced financial results for the six months ended June 30, 2023.
Financial Highlights for the Six Months of 2023
Significant Profit Reversal: The Company recorded a net profit of $2,389,400, representing a significant improvement compared to the same period in 2022 when it reported a loss of $19,489,022. This marks a substantial year-over-year increase of $21,878,422 net profit.Increase in Net Profit Margin: The net profit margin for t
