BAIYU Holdings (NASDAQ:BYU) First Quarter 2024 Results

Key Financial Results

• Revenue: US$28.1m (down 19% from 1Q 2023).

• Net income: US$2.38m (up 180% from 1Q 2023).

• Profit margin: 8.5% (up from 2.5% in 1Q 2023). The increase in margin was driven by lower expenses.

• EPS: US$0.31 (up from US$0.30 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

BAIYU Holdings' share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for BAIYU Holdings (1 shouldn't be ignored!) that you should be aware of before investing here.

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