Tingo Group, Inc. Reports Second Quarter 2023 Financial Results
Tingo Group, Inc. (TIO)
Company Research
Source: GlobeNewswire
Net Revenues for the Second Quarter 2023 of $977.2 Million, an Increase of 8,072% Compared to Q2 2022 Removal of Certain of Nigeria’s Foreign Exchange Restrictions Expected to Accelerate Dollarization of Business, However U.S. Dollar Conversion of Financial Results of Tingo Mobile and Tingo Foods for Second Quarter Adversely Impacted by Devaluation of Naira Export Business Commenced Sales in May 2023, Generating $348.0 Million of Revenues in Q2 2023 Investment Purchase of 6 Million Tingo Mobile Handsets for New All Farmers Association of Nigeria Customers, Expected to be Delivered within the Next 60 Days Announces Board Approval of Quarterly Dividends, to Set Record Data as Soon as Practicable Management to Host Conference Call Today at 8:00 a.m. Eastern Time MONTVALE, N.J., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech and food company, today announced its financial results f
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