The JN Financial Group is selling a number of its assets such as the JN General Insurance Company and JN Fund Managers in order to offset three consecutive years of net losses.
The company recorded a loss of $2.5 billion for the year ending March 2024. This followed a loss of a similar amount in 2023 and a $165 million loss for the year ended March 2022.
These results represent massive declines when compared with record profits of $6.5 billion generated for the year 2021 and $619 million in 2020.
comments powered by Disqus
All feeds
