Zhongchao (ZCMD) has released an update.
Zhongchao Inc. reported a mixed financial performance for the first half of 2024, with total revenues declining to $8.35 million from $10.38 million in 2023. Despite this, the company managed to achieve a net income of $182,933 due to improved cost management and reduced operating expenses. The balance sheet showed a slight decrease in total assets to $24.03 million, while liabilities remained relatively stable.
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