Published 9 days ago • loading... • Updated 9 days ago

Lakeside Announces Fiscal 2025 Second Quarter and Six-Month Results

Lakeside Holding Limited announced financial results showing total revenues decreased by $1.5 million, or 31.3%, to $3.4 million for the second quarter ended December 31, 2024.
Net loss was $1.9 million for the second quarter, compared to a net income of $0.06 million for the same period in the previous year.
Lakeside's revenues from Asia-based customers increased by 29.4% in the first half due to growing demand from large e-commerce platforms.
Lakeside's Chairman and CEO Henry Liu noted strategic progress in positioning the company for long-term growth despite industry challenges.

Insights by Ground AI

Does this summary seem wrong?

12 Articles

All

Left

Center

Right

Winona Daily News

+11 Reposted by 11 other sources

Lakeside Announces Fiscal 2025 Second Quarter and Six-Month Results

ITASCA, Ill. , Feb. 14, 2025 /PRNewswire/ -- Lakeside Holding Limited ("Lakeside" or the "Company") (Nasdaq: LSH), a U.S.-based cross-border supply chain solution provider with a unique focus on the Asia-Pacific market operating through two specialized subsidiaries—American Bear Logistics and…

9 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year