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Green Giant Inc   (GGE)
Other Ticker:  
 
    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services
 
Price: $0.0314 $0.00 -3.976%
Day's High: $0.033 Week Perf: 1.29 %
Day's Low: $ 0.03 30 Day Perf: -9.25 %
Volume (M): 13,028 52 Wk High: $ 2.90
Volume (M$): $ 409 52 Wk Avg: $1.07
Open: $0.03 52 Wk Low: $0.03



 Market Capitalization (Millions $) 4
 Shares Outstanding (Millions) 125
 Employees -
 Revenues (TTM) (Millions $) 1
 Net Income (TTM) (Millions $) -112
 Cash Flow (TTM) (Millions $) 3
 Capital Exp. (TTM) (Millions $) 6

Green Giant Inc
Green Giant Inc is a renowned American food company that specializes in producing and distributing frozen and canned vegetables. The company was established in 1903 and is currently headquartered in Parsippany, New Jersey. Green Giant Inc has gained significant popularity for its iconic mascot, the Jolly Green Giant, which has become synonymous with its brand.

The company is primarily known for its wide range of vegetable products, including peas, corn, green beans, carrots, broccoli, and more. Green Giant Inc focuses on providing high-quality, nutritious, and convenient vegetable options to its consumers. They offer various packaging options, such as frozen, canned, and steamable vegetables, catering to different consumer preferences and needs.

Green Giant Inc has also expanded its product line to include vegetable-based snacks, such as Veggie Tots and Veggie Spirals, aimed at promoting healthier snacking options. The company is committed to sustainability and has implemented initiatives to reduce their environmental impact, such as using recyclable packaging materials and promoting sustainable farming practices.

With its extensive product portfolio and strong brand recognition, Green Giant Inc has established itself as a prominent player in the vegetable industry, both in the United States and globally.


   Company Address: 6 Xinghan Road, 19th Floor Hanzhong City 723000
   Company Phone Number: 091 - 62622612   Stock Exchange / Ticker: NASDAQ GGE
   


   

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Green Giant Inc

Green Giant Inc's Q1 2024 Financial Report Reveals Revenue Surge but Widening Losses Per Share



Green Giant Inc, a leading player in the industry, recently released its financial report for the first quarter of 2024. While the company witnessed a notable increase in revenue, it also experienced widening losses per share. These results come at a time when the company's stock performance has been under significant pressure, with a decline of -8.87% over the past five trading days and a year-to-date performance of -31.65%.
Financial Results:
According to the financial report, Green Giant Inc's revenue for the first quarter of 2024 stood at $0.19 million, reflecting a 12.385% increase from the same quarter a year ago. However, the company reported a shortfall of $-0.02 per share, indicating the widening of losses in comparison to the preceding quarter's earnings per share of $-0.31.
These results need to be scrutinized in the context of the previous quarter, where Green Giant Inc's revenue experienced a significant surge of 38.9% from $0.13 million. Despite this improvement, the losses still persisted, albeit less severe than they currently stand for the first quarter of 2024.

Green Giant Inc

Green Giant Inc Turns the Tide: Fourth Quarter 2023 Results Show Remarkable Progress in Overcoming Challenges and Winning Back Investors

delve into the financial results of Green Giant Inc's fourth quarter of 2023, it becomes evident that the company has made significant strides in reversing its fortunes and regaining investor confidence. The once beleaguered real estate operations firm managed to decrease its loss per share from $-3.27 to $-0.31, a massive improvement compared to the year prior's reporting season. Furthermore, this also surpassed the $-1.63 per share loss realized in the previous reporting season.
One key aspect that stands out is the company's determination to restructure its revenue stream. The fourth quarter witnessed a substantial decline in revenue by -35.336%, which stood at $0.21 million in the prior reporting season. Although this seems bleak at first glance, it is crucial to note that the income per share improved from $-1.63 per share - a clear indication that Green Giant Inc is making progress.
In recent news, for the financial period between July and September 2023, Green Giant Inc reported a net shortfall of $-17.514 million, significantly lower than the $-118.493 million deficit experienced in the same reporting season the previous year. This reflects the company's commitment to implementing strategic initiatives to minimize losses and regain profitability.
Additionally, the company disclosed a further shortfall of $-110.12 million and reported revenue of $0.99 million for the entire year of 2023. While this demonstrates the challenges the company still faces, the notable decrease in shortfall per share to $-2.00 from $-2.16 in the previous fiscal year is an encouraging sign. Moreover, revenue decreased by -75.69% from $4.09 million a year prior, indicating that the company is actively working to streamline its operations and find more sustainable revenue channels.

Green Giant Inc

Grim Financial Blow Chokes Green Giant Inc. in Latest Fiscal Quarter



Investors in Green Giant Inc., a prominent Real Estate Operations company, received disappointing news as the company declared a disastrous fiscal period for the quarter ending June 30, 2023. Revenue plummeted by an alarming -82.309%, dwindling to a mere $0.21 million, while the net deficit per share surged to $-1.63, reflecting a significant decline compared to the corresponding reporting period from a year ago.
Comparing the prior reporting period, Green Giant Inc's net deficit worsened from $-0.02 per share, representing a considerable increase of 138.242% from $0.09 million in revenue. The company's performance during the April to June 30, 2023 fiscal interval demonstrated a striking loss of $-90.729 million, far exceeding the $-1.431 million loss recorded in the same period the previous year.

Green Giant Inc

Green Giant Inc Faces Steep Revenue Decline of 92.621% and $1.3 Million Net Loss in Second Quarter of 2023 Earnings Season

Green Giant Inc, a well-known brand in the food industry, recently declared a disastrous fiscal period. The company has reported a sharp decline in revenue, which faded by 92.621% to only $0.09 million. Additionally, the net loss per share expanded to $-0.02 from the comparable reporting period a year prior.
This news is not surprising given that the previous reporting period witnessed a net loss per share of $-0.01, and revenue doubled by a whopping 151.328% from $0.03 million. It indicates that the company has been struggling to sustain its growth and profitabilityThe second quarter of the 2023 earnings season was a complete disappointment for the Green Giant Inc, as they logged a net shortfall of $-1.305 million, instead of achieving a balanced report like the previous year. This loss can be attributed to several factors such as intense competition, marketing expenses, cost of production, and other operational costs.
Currently, the Green Giant Inc is expected to report its next financial earnings on January 12, 2024. Investors are anxiously awaiting this report to assess the company's financial performance and to determine whether it will rebound from its recent losses.
To regain its position in the industry, Green Giant Inc will have to take a strategic approach to overcome its challenges. This may involve introducing new products, rebranding, and expanding customer outreach through social media and other advertising platforms. Additionally, the company may need to consider restructuring its operations, reducing expenses, and improving the quality of its products.
In conclusion, the Green Giant Inc's recent financial report suggests that it will have to work hard to regain its position in the industry. Investors and industry experts alike will be closely monitoring the company's next financial report to see if the brand has taken the necessary steps to overcome its recent challenges and achieve growth in the future.






 

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