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Fortune Valley Treasures Inc   (FVTI)
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    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail
 


Impressive quarter by in the July to September 30 2022 span

Fortune Valley Treasures Inc recorded third quarter of 2022 operating surplus of $1.027141 millions

Published 2022-11-27T19:59:02+00:00
Goran Soko / CSIMarket.com Contributer

company's third quarter of 2022 financial report profits jumped by 66.67 % to $0.05 per share from a year ago on growing Revenue of 45.373 % to $2.92 millions.

In the preceding quarter Specialty Retail company realized Revenue of $2.34 millions and $0.05 per share.


Net income of $0.911 millions in the July to September 30 2022 span increased by 102.45 % from 0 fulfilled in the corresponding quarter a year ago. Fortune Valley Treasures Inc also emphasized it's improving profit margins, where net margin rose to 31.24% in July to September 30 2022 span, and operating margin edged up to 35.23%.
Operating earnings, on the other hand, improved just 68.92% to $1.027141 millions.

Fortune Valley Treasures Inc is expected to report next financial recent numbers on March 30, 2023.


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