Jingbo net loss widens to USD 617,240 in Q1 FY27
SAVMOBI TECHNOLOGY INC
SAVMOBI TECHNOLOGY INC SVMB | 0.00 |
- Jingbo Technology posted a net loss of USD 617,240 for the three months ended May 31, 2026, widening from USD 408,871 a year earlier.
- Revenue fell 20.87% to USD 281,938, as parking-fee sales declined on the termination of the Lishui People’s Hospital project.
- Gross profit slipped to USD 89,520 from USD 127,653.
- Operating cash flow swung to an outflow of USD 305,680 from an inflow of USD 6,186, while cash ended the period at USD 158,979.
- Going-concern risk persisted with a USD 10.12 million working-capital deficit and an accumulated deficit of USD 42.6 million.
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