JX Luxventure Group Reports 57% Revenue Surge and Maintains Profitability in FY 2024 Results.

JX Luxventure Group reported a 57% revenue surge to $49.84mln in FY 2024, with gross profit increasing 53% to $8.35mln. Net profit rose marginally to $3.07mln. The company attributed its strong performance to operational excellence and strategic market expansion.

Title: JX Luxventure Group Reports Strong Financial Performance in FY 2024

Haikou, China, May 15, 2025 - JX Luxventure Group Inc. (Nasdaq: JXG) has released its financial results for the fiscal year ended December 31, 2024, showcasing robust growth and sustained profitability. The company reported a significant 57% increase in revenue to $49,840,288, up from $31,840,588 in 2023. This strong performance was driven by operational excellence and strategic market expansion, as highlighted by the company's Chief Executive Officer, Ms. Sun "Ice" Lei [1].

Gross profit for the year reached $8,352,316, representing a 53% year-over-year increase from $5,456,369 in 2023. Net profit, however, saw a modest increase of 1% to $3,073,807. Despite the marginal increase in net profit, the company's ability to sustain profitability while navigating the dynamic wholesale trade and tourism sectors is commendable.

Ms. Lei attributed the company's success to its three-year turnaround strategy, launched in 2020. She emphasized the team's dedication to operational excellence and strategic market expansion, which have been key drivers of the company's growth. Looking ahead, JX Luxventure Group is poised to capitalize on this momentum, continuing to innovate and expand its global presence [1].

Reference List:
[1] https://www.prnewswire.com/news-releases/jx-luxventure-group-soars-with-57-revenue-surge-and-sustained-profitability-in-fy-2024-results-302455234.html