JB and ZJMY Holding Co (JBZY)

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JZBY has had a strong financial position in the recent past with the company making profits over the second quarter of 2017.

First, revenues short up from nil in 1Q2017 to $156,000 in 2Q2017.

They made $155,000 in profits this quarter as compared to the previous where they made a loss of $78,000. This came in the wake of a reduction in their sales, general and administrative expenses from $79,000 to $1,000, a significant cost cut during the period.

Over the same period, their working capital improved from $761,000 to over $2.8 million while the total shareholder equity rose to close just shy of $3 million.

Such numbers tell a story of a healthy company trying to grow itself. The restructuring will have some implications on these numbers but their growth, if the trend continues, is imminent for them.

Conclusion

JBZY is now a player in the electronics space with the backing of a partner with some strong investments in it. It won’t be long before they begin to venture into the American market after which the value created will be beneficial both to them and to shareholders.