NiSun International Sees Revenue Surge in First Half of 2024
Company Announcements

NiSun International Sees Revenue Surge in First Half of 2024

NiSun International Enterprise Development Group (NISN) has released an update.

NiSun International Enterprise Development Group reports a notable increase in revenue for the first half of 2024, reaching $192.5 million, up from $126.9 million in the same period last year. The company’s strong performance is driven by a surge in its supply chain trading business, which more than doubled its revenue compared to 2023. Despite this growth, NiSun experienced a slight dip in gross profit, highlighting potential challenges in managing operational costs.

For further insights into NISN stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyNisun International enters rubber supply chain market with orders for $13.5M
TipRanks Auto-Generated NewsdeskNiSun International Announces Annual Shareholder Meeting
TheFlyNisun International acquires shares for $552,000 under $15M buyback program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App