In the Q4, Muliang Viagoo Technology Inc 's corporate clients experienced a decline by -11.31 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -6.81 %. During the corresponding time, Muliang Viagoo Technology Inc recorded a revenue increase by 6.74 % year on year, sequentially revenue grew by 157.75 %. While revenue at the Muliang Viagoo Technology Inc 's corporate clients fell by -5.68 % year on year, sequentially revenue fell by -3.51 %.
Customers of Muliang Viagoo Technology Inc saw their costs of revenue decline by -11.31 % in Q4 compare to a year ago, sequentially costs of revenue were trimmed by -6.81 %, for the same period Muliang Viagoo Technology Inc recorded revenue increase by 6.74 % year on year, sequentially revenue grew by 157.75 %.
Muliang Viagoo Technology Inc's Comment on Sales, Marketing and Customers
The company operates primarily in the agricultural sector, producing and selling organic fertilizers under the brand names Zongbao, Fukang, and Muliang. Its organic fertilizer products encompass seven lines focused on soil improvement, root protection, foliar nutrition, pesticide residue reduction, fruit-specific nutrition, fruit tree health, and crops such as corn and peanuts. These fertilizers are designed to improve soil fertility, nutrient absorption, water retention, and support sustainable plant growth. The company also markets agricultural food products, including apples. It is developing a deep-processing slaughterhouse in Chuxiong City, Yunnan Province, China, with an annual processing capacity of 200,000 black goats, anticipated to begin generating revenue in the third quarter of 2024. The black goat products will include various cuts and preparations. Additionally, the company is conducting research projects with schools and institutions to explore forage grass as an alternative livestock feed.
Muliang Viagoo Technology Inc’s Comment on Sales, Marketing and Customers
The company operates primarily in the agricultural sector, producing and selling organic fertilizers under the brand names Zongbao, Fukang, and Muliang. Its organic fertilizer products encompass seven lines focused on soil improvement, root protection, foliar nutrition, pesticide residue reduction, fruit-specific nutrition, fruit tree health, and crops such as corn and peanuts. These fertilizers are designed to improve soil fertility, nutrient absorption, water retention, and support sustainable plant growth. The company also markets agricultural food products, including apples. It is developing a deep-processing slaughterhouse in Chuxiong City, Yunnan Province, China, with an annual processing capacity of 200,000 black goats, anticipated to begin generating revenue in the third quarter of 2024. The black goat products will include various cuts and preparations. Additionally, the company is conducting research projects with schools and institutions to explore forage grass as an alternative livestock feed.
Sources:
Muliang Viagoo Technology Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Muliang Viagoo Technology Inc’s corporate clients.
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6.75 %