Caravelle International Group Announces Financial Results for Fiscal Year 2023
CACOCaravelle International (CACO) Prnewswire·2024-09-09 21:40

SINGAPORE, Sept. 9, 2024 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced its audited financial results for the fiscal year ended October 31, 2023.Due to the overall environment of the shipping industry and increased operating costs post-listing, in the fiscal year 2023, Caravelle achieved revenue of approximately 95.3million,adecreaseof48.695.3 million, a decrease of 48.6% from the approximately 185.3 million in the fiscal year 2022. The company reported a net loss of ...