tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BGM Group Ltd Reports Increased Revenue and Asset Growth in H1 2025

Story Highlights
BGM Group Ltd Reports Increased Revenue and Asset Growth in H1 2025

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Qilian International Holding Group Limited ( (BGM) ) has issued an update.

BGM Group Ltd, a company based in Chengdu, China, has released its unaudited financial results for the six-month period ending March 31, 2025. The company reported a net revenue of $14.3 million, an increase from $12.6 million in the same period in 2024. However, the cost of revenue also rose, resulting in a gross profit of $2.5 million compared to $1.4 million in the previous year. The financial statements indicate significant growth in assets and liabilities, with total assets reaching $207.4 million, up from $53 million in September 2024. This financial update suggests a positive trajectory for BGM Group Ltd, reflecting its expanding market presence and operational scale.

More about Qilian International Holding Group Limited

Average Trading Volume: 60,729

Technical Sentiment Signal: Buy

Current Market Cap: $1.81B

See more data about BGM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1