JS Global Serves Up Big Profits on Pandemic-Fueled Home Cooking

Kitchen appliance maker’s shares jump 20% after it reports six-fold profit growth in second half of 2020 Key Takeaways: Kitchen appliance specialist JS Global profited handsomely from the cook-at-home trend during the global pandemic The company’s stock looks overvalued at its current price, including a single-day 20% increase after its latest earnings announcement By Doug Young An old saying goes that “one man’s misfortune is another man’s gain,” and that’s definitely the major theme in the latest financial report of JS Global Lifestyle Co. Ltd. (HKEx: 1691). The kitchen appliance…

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