Mingzhu reports revenue of $22.9 million, shares up over 24%
MingZhu Logistics (NASDAQ:YGMZ) on Tuesday reported revenue of $22.9 million for the six months ended June 30, 2024, a 59.2% Y/Y decline from $56.1 million for the same period last year. Net loss totaled $9.8 million for the six months ended June 30, 2024, as compared to a net loss of $0.9 million for the same period last year, representing an increase of $8.9 million. Cash and cash equivalents dropped by $4.0 million to $1.3 million as of June 30, 2024. YGMZ +24.03% after hours to $1.24.Source: Press Release
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