CDT Environmental Technology Investment Holdings Ltd. has reported its financial results for the fiscal year ending December 31, 2024. The company recorded revenues of $29.77 million, a decrease of $4.44 million or 13.0% from the previous year's $34.21 million. Despite the decline in revenues, CDT Environmental's net income rose to $7.02 million, a 34.0% increase compared to the $5.24 million reported in 2023. This improvement in net income is attributed to a reduction in costs and expenses, including a notable decrease in the provision for credit loss and doubtful accounts by $559,675, leading to a recovery rather than an expense. The income from operations also increased by 35.5%, reaching $8.61 million compared to $6.35 million the previous year. The company continues to focus on its core operations in sewage treatment systems and services in both urban and rural areas.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。