<a href="https://laohu8.com/S/GVH">Globavend Holdings Ltd.</a> Reports 63.6% Increase in Revenue for Six Months Ending March 31, 2025, Driven by Integrated Cross-Border Logistics Services
Globavend Holdings Ltd., a holding company with operations through its Hong Kong subsidiary Globavend HK, released its financial results for the six months ended March 31, 2025. The company reported a notable increase in revenue, with integrated cross-border logistics services generating $12.75 million, up from $7.66 million in the same period the previous year. Air freight forwarding services also saw an increase, with revenue rising to $971,631 from $725,253 in the prior year. Overall, the total revenue for the period reached $13.72 million, compared to $8.38 million in the previous year. The company operates as an emerging e-commerce logistics provider, offering end-to-end supply chain solutions in Hong Kong, Australia, and New Zealand. Significant factors affecting its financial results include economic conditions in Hong Kong and fluctuations in foreign exchange rates. The effects of COVID-19 were reported to have diminished in 2023, with no significant impact on the company's business for the six months ended March 31, 2024, and 2025.
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