TDH Holdings, Inc. Reports Full Year 2023 Audited Financial Results [Yahoo! Finance]
TDH Holdings, Inc. - Common Shares (PETZ)
US:NASDAQ Investor Relations:
ir.tdhpet.com
Company Research
Source: Yahoo! Finance
of a restaurant in the U.S., announced today its financial results for the fiscal year ended December 31, 2023 Full Year 2023 Financial Highlights: For the Twelve Months Ended December 31, ($ millions, except per share data) % Change Revenues from continuing operations 2.49 % Gross profit Gross margin -1.55 pp* Loss from operations Operating loss margin -102.19 pp* Net loss attributable to common stockholders Loss per share - basic and diluted * pp: percentage points Revenues from continuing operations increased by 2.49% from $3.10 million in fiscal year 2022 to $3.18 million in fiscal year 2023. We discontinued our pet food business during the first quarter of 2023 and we fully disposed of one our China subsidiaries, Qingdao Tiandihui Foodstuffs Co., Ltd ("Tiandihui") because its bankruptcy proceeding was concluded and all claims against it were processed by December 27, 2023 Gross profit was $1.03 million in fiscal year 2023 as compared to gross p
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