Caravelle Reports Half Year 2023 Financial Results [Yahoo! Finance]
Caravelle International Group (CACO)
Company Research
Source: Yahoo! Finance
company, today announced its unaudited and unreviewed financial results for the six months ended April 30, 2023 Half year 2023 Financial Highlights Six Months Ended Year-over- April 30, April 30, Year % In millions, except percentages Change Total revenues Gross margin Income from operation Net income April 30, October 31, In millions Cash, cash equivalents and restricted cash Mr. Guohua Zhang, Chief Executive Officer of Caravelle International Group, commented "D uring the six months ended April 31, 2023 , the demand for global shipping was weak, which was coupled with a decrease in freight rates. However, we are optimistic about the Company's future. We recently closed a private placement on January 10, 2024 of up to $6.8 million . The Company plans to use part of these proceeds for capital expenditure to launch its CO-Tech wood drying vessel s." Caravelle's first digital-intelligent wood drying vessel enters full commissioning phase, we expect th
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CACO
News
- Caravelle Lays the Groundwork for Innovative Business in Mixed Transportation and Drying Wood by Signing a MoU with the Government of Gabon [Yahoo! Finance]Yahoo! Finance
- Caravelle Lays the Groundwork for Innovative Business in Mixed Transportation and Drying Wood by Signing a MoU with the Government of GabonPR Newswire
- CUEX Metal AG and Caravelle International Group Sign Innovative Manganese Ore Purchase Agreement to Advance Wood Drying Business [Yahoo! Finance]Yahoo! Finance
- CUEX Metal AG and Caravelle International Group Sign Innovative Manganese Ore Purchase Agreement to Advance Wood Drying BusinessPR Newswire
- Caravelle International Group Announces Receipt of Nasdaq Deficiency NoticePR Newswire
CACO
Sec Filings
- 5/6/24 - Form 6-K
- 2/29/24 - Form NT
- 2/29/24 - Form 6-K
- CACO's page on the SEC website