Nova LifeStyle, Inc. Reports Second Quarter FY 2024 Results
NVMINova .(NVMI) GlobeNewswire News Room·2024-08-15 04:15

LOS ANGELES, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the second quarter ended June 30, 2024. Key Financial Highlights: Operating Results for the Three Months Ended June 30, 2024 Net sales for three months ended June 30, 2024 were 2.69million,adecreaseof402.69 million, a decrease of 40% from 4.46 million in the same period of 2023.Gross profit was 1.19millioncomparedto 1.19 million compared to 1.45 million in the same period of 2023.Net loss wa ...