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0.0066225165562914 0.0066225165562914 0.0066225165562914 0.0066225165562914 0.0066225165562914 0.00331125827814577 0.0066225165562914 0.00331125827814577
Stock impact report

Tantech Holdings Ltd. Announces Fiscal Year 2018 Financial Results

Tantech Holdings Ltd. - Common Shares (TANH) 
US:NASDAQ Investor Relations: tantech.cn/en/investor/annual.asp
Company Research Source: PR Newswire
LISHUI, China, May 15, 2019 /PRNewswire/ -- Tantech Holdings Ltd. (NASDAQ: TANH), ("Tantech" or the "Company"), an alternative energy company with diversified operations, including the manufacturing of bamboo-based charcoal products and Electric Vehicles (EVs), today announced its financial results for its fiscal year ended December 31, 2018.Financial Highlights (All Figures Approximated)Total revenues decreased by approximately $12.7 million, or 30.1%, to approximately $29.6 million  Total gross profit from the following segments decreased by 23.9%, or approximately $2.5 million, to $8.0 million  - Gross profit from the Company's consumer products segment decreased by 1.9%, or $0.15 million, to $8.04 million - Gross profit from the Company's trading segment increased by 17.0%, or $0.1 million, to $0.5million - Gross profit from the Company's electronic vehicle segment decreased by 126%, or $2.4 million, to $0.50 million Despite the overall decline in revenues and gross profit, the Co Show less Read more
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