ZK International Issues Revenue Guidance of 25% Year-over-Year Growth for Fiscal Year 2019
ZK International Group Co., Ltd - Ordinary Share (ZKIN)
US:NASDAQ Investor Relations:
ir.zkinternationalgroup.com
Company Research
Source: PR Newswire
WENZHOU, China, April 17, 2019 /PRNewswire/ -- ZK International Group Co., Ltd. (ZKIN) ("ZK International" or the "Company"), today provides revenue guidance for the fiscal year 2019. The Company anticipates revenue to increase by $13.7 million, or 25%, to approximately $68.6 million for the fiscal year ending September 30, 2019 from $54.9 million for the fiscal year ended September 30, 2018. Revenue growth year-over-year will be primarily driven by the continuing urbanization of China and the local government's initiatives to improve existing and new water and gas infrastructure. The Ministry of Housing and Urban-Rural Development has openly encouraged the application of stainless steel piping systems such as ZK International's proprietary products as the preferred pipe material as compared to copper. To expedite the process, the government is working with local agencies to implement these standards. Mr. Jiancong Huang, Chairman and Chief Executive Officer of ZK International, stated
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News
- ZK International Receives Nasdaq Notices Regarding Listing Deficiency [Yahoo! Finance]Yahoo! Finance
- ZK International Receives Nasdaq Notices Regarding Listing DeficiencyPR Newswire
- Thinking about buying stock in Trxade Health, Brookmount Gold, Columbia Banking System, ZK International Group, or Universe Pharmaceuticals?PR Newswire
- ZK International Group Co., Ltd. and The CF Opportunity Fund Complete the Second Tranche of the $5 Million Financing Priced at $1.58 per Share [Yahoo! Finance]Yahoo! Finance
- ZK International Group Co., Ltd. and The CF Opportunity Fund Complete the Second Tranche of the $5 Million Financing Priced at $1.58 per SharePR Newswire
ZKIN
Sec Filings
- 2/22/24 - Form 6-K
- 1/31/24 - Form NT
- ZKIN's page on the SEC website