Oriental Culture Holding (OCG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Oriental Culture Holding LTD reported a challenging first half of 2024, with revenues dropping to $0.4 million compared to $0.8 million in the same period last year, alongside a significant operational loss of $2.1 million. The company faced substantial obstacles due to an ongoing investigation into Nanjing Jinwang, impacting customer confidence and business operations. Despite these challenges, Oriental Culture Holding remains focused on financial stability through resource integration and private placements.
For further insights into OCG stock, check out TipRanks’ Stock Analysis page.
