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NiSun International Enterprise Development Group ( (NISN) ) has issued an update.
On January 24, 2025, Nisun International announced its preliminary financial guidance for 2024, projecting revenues between USD 300 million to USD 350 million and net income ranging from USD 11 million to USD 15 million. The company plans to realign its business by reducing low-margin supply chain trading businesses, focusing instead on high-margin supply chain financing solutions. Additionally, Nisun plans to expand its KFC operations on college campuses, which is expected to drive growth alongside its core business lines. The strategic shift aims to enhance shareholder value and position the company for growth in 2025.
More about NiSun International Enterprise Development Group
Nisun International Enterprise Development Group Co., Ltd (NASDAQ: NISN) is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. The company provides professional supply chain solutions to Chinese and foreign enterprises and financial institutions, offering services in technology supply chain management, asset routing, and digital transformation.
YTD Price Performance: -6.14%
Average Trading Volume: 110,890
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $24.55M
For a thorough assessment of NISN stock, go to TipRanks’ Stock Analysis page.
