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0.0172419738611677 0.0172419738611677 0.0172419738611677 0.0172419738611677 -0.0344149798268906 -0.0103107003689783 -0.0103107003689783 -0.0103107003689783
Stock impact report

Chanson International Holding Announces First Half of Fiscal Year 2024 Financial Results

Chanson International Holding - Class A Ordinary Shares (CHSN) 
Company Research Source: PR Newswire
URUMQI, China, Sept. 27, 2024 /PRNewswire/ -- Chanson International Holding (Nasdaq: CHSN) (the "Company" or "Chanson"), a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States, today announced its unaudited financial results for the six months ended June 30, 2024.Mr. Gang Li, Chairman of the Board of Directors and Chief Executive Officer of the Company, commented, "In the first half of fiscal year 2024, despite facing various challenges, we have shown resilience and adaptability in a dynamic market. While we experienced a slight decline in revenue, we have successfully maintained our gross margins at above 40%, by enforcing cost control measures and enhancing operating efficiency. Additionally, with an increased cash reserve as of June 30, 2024, we are in a solid position to manage market uncertainties. As we move forward, we remain confident in our long-term growth strategy and execution capabilities. Our expansion initiatives in Show less Read more
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