Oriental Culture Holding LTD Announces First Half Year of 2024 Unaudited Financial Results [Yahoo! Finance]
Oriental Culture Holding LTD - Ordinary Shares (OCG)
Company Research
Source: Yahoo! Finance
collectibles and artwork e-commerce services, today announced its unaudited financial results for the six months ended June 30, 2024. First Half Year of 2024 Financial Highlights Total revenues were approximately $0.4 million for the six months ended June 30, 2024, compared with the total revenues of approximately $0.8 million for the six months ended June 30, 2023. Gross profit was approximately $0.3 million for the six months ended June 30, 2024, compared with approximately gross profit of $0.6 million for the six months ended June 30, 2023. Gross margin was 65.8% for the six months ended June 30, 2024, compared with a gross margin of 76.0% for the six months ended June 30, 2023. Loss from operations was approximately $2.1 million for the six months ended June 30, 2024, compared with income from operations of approximately $2.4 million for the six months ended June 30, 2023. Net loss was approximately $1.9 million for the six months ended June 30, 2024, compared with app
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