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Huadi International Group Co Ltd - HUDI STOCK NEWS

Welcome to our dedicated news page for Huadi International Group Co (Ticker: HUDI), a resource for investors and traders seeking the latest updates and insights on Huadi International Group Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Huadi International Group Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Huadi International Group Co's position in the market.

Rhea-AI Summary
Huadi International Group Co., Ltd. (HUDI) announced financial results for the fiscal year ended September 30, 2023, with revenue at $84.33 million, a 10.42% increase from the previous year, and net income of $3.30 million, marking a 69.16% increase. The company's strategic expansion in the domestic market in China contributed to the sales growth, while international sales experienced a slight decrease. Cash and cash equivalents totaled $20.19 million as of the year end, compared to $13.20 million in 2022.
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-2.29%
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Rhea-AI Summary
Huadi International Group Co., Ltd. (NASDAQ: HUDI) announced its financial results for the first six months of fiscal year 2023. Revenue increased by 3.2% to $38.0 million, gross profit decreased by 3.6% to $5.7 million, and operating income increased by 122% to $1.5 million. Net income for the period was $1.5 million compared to a net loss of $9,000 in the same period last year.
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-0.77%
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Rhea-AI Summary
Huadi International Group Co., Ltd. announces results of 2023 Annual General Meeting of Shareholders
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Huadi International Group Co Ltd

Nasdaq:HUDI

HUDI Rankings

HUDI Stock Data

37.64M
4.24M
70.29%
0.2%
0.47%
Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
Manufacturing
Link
China
Wenzhou

About HUDI

华迪钢业集团有限公司 is a mining & metals company based out of 温州市龙湾区永中街道天中路1688号, 温州市, 浙江省, china.