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Benzinga
Benzinga
World
The Bamboo Works

Huadi's Year of the Tiger Starts with a Roar, But Destined to End on a Whimper?

China Doug Young United States

Key Takeaways:

  • Huadi International reported its revenue rose 18% in its latest fiscal year, but its profit dropped 24% on high shipping and IPO-related costs
  • Company’s shares were largely unchanged after results announcement, but have rallied sharply since last October on what looks like speculative trading
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