<a href="https://laohu8.com/S/EHGO">Eshallgo Inc</a>. Reports $10.8M Net Loss for FY 2025, Marking a 124,907% Decrease from Previous Year
Eshallgo Inc. has reported its financial results for the fiscal year ending March 31, 2025. The company recorded a net loss attributable to Eshallgo of $10.8 million, marking a significant decrease from the net income of $8,652 reported for the previous fiscal year ending March 31, 2024. This represents a decrease of 124,907.2% in net income. The company attributes this change primarily to an overall decrease in profitability. The management highlighted its strategy to transform its revenue model from a sales-oriented approach to a service-oriented one, focusing on enhancing customer satisfaction through independent research and development tools. This strategic shift is intended to better address customer needs, improve service quality, and achieve greater time efficiency. Eshallgo Inc. has not identified any trends, uncertainties, or events from April 1, 2024, to March 31, 2025, that are expected to materially impact its net revenue, income, profitability, liquidity, or capital resources adversely. The company remains committed to strengthening its competitive advantages through its comprehensive market layout and service-oriented approach.
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