Core Viewpoint - JS Global Life (01691) reported a significant decline in stock price, dropping over 8% following the release of its interim results for the six months ending June 30, 2025, which showed a shift from profit to loss [1] Financial Performance - The company reported revenue of $774 million, an increase of 4.19% year-on-year [1] - Shareholder loss amounted to $59.24 million, compared to a profit of $21.79 million in the same period last year, indicating a significant turnaround from profit to loss [1] - Basic loss per share was recorded at 1.7 cents [1] Gross Profit and Margins - Gross profit for the period was approximately $248.5 million, a slight increase from $245.8 million in the previous year, reflecting a year-on-year growth of about 1.1% [1] - The gross margin for the reporting period was 32.1%, down 1.0 percentage points from 33.1% for the six months ending June 30, 2024 [1] - Excluding related party transactions, gross profit from sales to third-party customers was approximately $241.6 million, up about 12.5% from $214.7 million in the previous year [1] Third-Party Sales Performance - The gross margin for sales to third-party customers was 33.5%, a decrease of 1.7 percentage points from 35.2% in the same period last year [1] - The decline in gross margin was primarily attributed to price reductions on older models in the Joyoung division and a decrease in the gross margin for the SharkNinja Asia-Pacific division, influenced by increased shipping costs, changes in market mix, and strategic discounts implemented in core markets [1]