JX Luxventure (JXG) shares rise 13.98% after-hours following maiden earnings and acquisition news

ByAinvest Wire

Tuesday, Aug 18, 2026 6:49 pm ET1min read

JX Luxventure (JXG) shares rose 13.98% in after-hours trading after the company reported its maiden Q1 FY2026/27 results and announced the acquisition of Continental Insurance Lanka Limited. The move was driven by strong core segment growth, including a 36% year-over-year increase in Janashakthi Insurance gross written premiums and a 51% rise in Janashakthi Finance net profit after tax, which offset a consolidated net loss.

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JX Luxventure (JXG) shares rise 13.98% after-hours following maiden earnings and acquisition news

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