Antelope Enterprise Announces Preliminary Full Year 2023 Revenue of $70.4 Million, a Projected 65% Year-Over-Year Increase [Yahoo! Finance]
Antelope Enterprise Holdings Limited - Class A Ordinary Shares (AEHL)
Company Research
Source: Yahoo! Finance
the “Company”), which operates KylinCloud, a livestreaming ecommerce business in China with access to 800,000+ hosts and influencers, today pre-announced unaudited revenue of $70.4 million for its fiscal year ended December 31, 2023. This represents revenue growth of 65.3% compared to $42.6 million in revenue recorded for the full fiscal year of 2022. It also presents growth of 73.0% as compared to $40.7 million in revenue generated from the Company's livestreaming ecommerce business, which represented 84.5% of total revenue generated in fiscal year 2022. Antelope Enterprise's projected revenue for its full fiscal year 2023 exceeds the Company's full-year guidance of $64 million issued on May 25, 2023. The Company's believes that its strong financial growth highlights the power of its innovative business model that optimizes the use of social media and livestreaming to uniquely engage China's vast online consumer marketplace. Antelope Enterprise CEO Will Zhang commented, "Our proj
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News
- Antelope Enterprise Announces its Plan to Launch Energy Transmission Business and Appoints Management Team to Spearhead Such Initiative [Yahoo! Finance]Yahoo! Finance
- Antelope Enterprise Announces its Plan to Launch Energy Transmission Business and Appoints Management Team to Spearhead Such InitiativeGlobeNewswire
- Antelope Enterprise Announces Preliminary Full Year 2023 Revenue of $70.4 Million, a Projected 65% Year-Over-Year IncreaseGlobeNewswire
- Antelope Enterprise Announces Closing of $1.3 Million Registered Direct Offering and Private Placement [Yahoo! Finance]Yahoo! Finance
- Antelope Enterprise Announces Closing of $1.3 Million Registered Direct Offering and Private PlacementPR Newswire
AEHL
Sec Filings
- 4/29/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/16/24 - Form SC
- AEHL's page on the SEC website