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J-Star Holding Co Ltd (OQ:YMAT)

Business Focus: Industrial Rubber Products

Sector:  Consumer Cyclicals Industry:  Tires & Rubber Products
 
Company Contact
Address: TAICHUNG 407
Tel: N/A
Website: https://j-starholding.com
IR: See website
Key People
Jing-Bin Chiang
Chairman of the Board, Chief Executive Officer
Abraham Pullolickel Ittycheriah
Chief Financial Officer
Shu-Jhen Chen
Chief Operating Officer
Business Overview
J-Star Holding Co Ltd is a Taiwan-based company mainly engaged in the development and commercialization of the technology on carbon reinforcement and resin systems through subsidiaries. The Company designs and manufactures carbon composite products, ranging from key structural parts of electric bicycles and sports bicycles, rackets, automobile parts to healthcare products.
Financial Overview
For the six months ended 30 June 2023, J-Star Holding Co Ltd revenues decreased 15% to $13.9M. Net loss totaled $14K vs. income of $227K. Revenues reflect Bicycle frame segment decrease of 18% to $8.6M, Racket segment decrease of 24% to $4.4M. Net loss reflects Loan from Related Parties increase from $0K to $208K (expense), Foreign Exchange Gain/LossNon-Business decrease of 30% to $338K (income).