Nisun International Reports Financial Results for the First Half of 2024
NiSun Intl Enterprise Development Group Co, Ltd - Class A Common Shares (NISN)
Company Research
Source: PR Newswire
Company Reports 52% Revenue Growth, Initiates $15 Million Share Buyback ProgramSHANGHAI, Oct. 15, 2024 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd. ("Nisun International" or the "Company") (Nasdaq: NISN), a technology and industry driven integrated supply chain solutions provider, today announced its reviewed but unaudited financial results for the six months ended June 30, 2024.First Half 2024 Financial Highlights:Total revenue increased by 52% to $192.5 million, compared to $126.9 million for the first half of 2023.Supply chain trading business revenue increased by 114% to $142.1 million, up from $66.2 million in the prior-year period, driven primarily by growth in the gold trading sector.Small and medium-sized enterprises ("SME") financing services revenue declined by 16% to $48.5 million due to the challenging market conditions, but the Company is optimistic about the future growth as recent government stimulus measures in China begin to take effect.S
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News
- Nisun International Acquires Minority Stake in Leading KFC Franchisee, Nanjing Pin Bai Sheng, to Drive Growth in Campus Catering and Strengthen Supply Chain SynergiesPR Newswire
- Nisun International Expands Fully into the Rubber Supply Chain Industry by Signing Supply Chain Contracts with an Initial Order of Approximately $13.5 MillionPR Newswire
- Nisun International Announces An Initial Share Repurchases of Approximately $550,000 Under It's $15 Million Buyback Program [Yahoo! Finance]Yahoo! Finance
- Nisun International Announces An Initial Share Repurchases of Approximately $550,000 Under It's $15 Million Buyback ProgramPR Newswire
- Nisun International Enters Strategic Partnership with Beijing Tong Ren Tang to Source Traditional Chinese Medicine IngredientsPR Newswire
NISN
Sec Filings
- 11/12/24 - Form 6-K
- 11/6/24 - Form 6-K
- 10/30/24 - Form 6-K
- NISN's page on the SEC website