{"id":21021,"date":"2023-08-08T20:05:00","date_gmt":"2023-08-08T20:05:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4177398_CN77398_0"},"modified":"2023-08-08T20:05:00","modified_gmt":"2023-08-08T20:05:00","slug":"nisun-international-reports-financial-results-for-fiscal-year-2022","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=21021","title":{"rendered":"Nisun International Reports Financial Results for Fiscal Year 2022"},"content":{"rendered":"

SHANGHAI<\/span>, Aug. 9, 2023 \/PRNewswire\/ — Nisun International Enterprise Development Group Co., Ltd (“Nisun” or the “Company”) (Nasdaq: NISN), a provider of innovative comprehensive solutions through an integration of technology, industry, and finance, today announced its financial results for the fiscal year ended December 31, 2022<\/span>.<\/span><\/p>\n

Mr. Xiaoyun Huang<\/span>, Chief Executive Officer of Nisun, commented, “We are pleased to end fiscal year 2022 with solid financial performance, despite the uncertain market conditions during this period. Our total revenue reached $234.2 million<\/span> in fiscal year 2022, representing an increase of 46% from fiscal year 2021, demonstrating our strong capabilities to execute strategic initiatives successfully. In fiscal year 2022, we have been committed to scaling our supply chain trading business, particularly agricultural supply chain operations. While acknowledging the challenges in our existing business, we have been actively seeking qualified partners for new business opportunities. As mentioned in our recent press releases, many of our new business partnerships established beyond their infancy, we expect to distinguish ourselves from other industry participants by prioritizing the expansion of our business, providing quality supply chain services to our clients and improving our brand awareness. In the second half of 2023 and beyond, we will continue to deepen the comprehensive coverage and dynamic cycle of the agricultural supply chain to support China’s<\/span> grand strategy of rural revitalization. We will also continue to focus on enhancing our operating efficiency, aiming to sustain our long-term competitiveness in the market and creating long-term value for our shareholders.” <\/p>\n

Financial Results for the Fiscal Year Ended December 31, 2022<\/span><\/b><\/p>\n

All comparisons made on a year-over-year (“yoy”) basis.<\/i><\/p>\n

Revenue<\/i><\/b><\/p>\n