NiSun International Enterprise Development Group (NISN) has released an update.
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NiSun International Enterprise Development Group reports a notable increase in revenue for the first half of 2024, reaching $192.5 million, up from $126.9 million in the same period last year. The company’s strong performance is driven by a surge in its supply chain trading business, which more than doubled its revenue compared to 2023. Despite this growth, NiSun experienced a slight dip in gross profit, highlighting potential challenges in managing operational costs.
For further insights into NISN stock, check out TipRanks’ Stock Analysis page.
