Well capitalized and profitable, the
Company has no plans to raise capital
SHANGHAI, Oct. 9, 2024
/PRNewswire/ -- Nisun International Enterprise Development Group
Co., Ltd ("Nisun International" or the "Company") (Nasdaq: NISN), a
technology and industry driven integrated supply chain solutions
provider, announced today that it expects to report record revenue
for the first half of 2024 of approximately $192.5 million, representing a 52% increase
compared to $126.9 million for the
same period last year. The Company also expects to report earnings
per share (EPS) for the first half of 2024 of approximately
$2.61.
The selected unaudited financial results for the first six
months of 2024 are based on information available to management as
of the date of this release and are subject to further changes upon
completion of the Company's standard year-end closing procedures.
The selected financial results do not present all necessary
information for an understanding of Nisun International's financial
condition as of the date of this release or its results of
operations for the period discussed. It is possible that the
Company may subsequently identify items that require it to make
adjustments to the preliminary financial information set forth
above and those changes could be material. As a result, the
selected financial results are subject to risks and uncertainties
and are not guarantees of future performance and may differ from
actual results.
The Company will release its full unaudited financial results
for the first half of 2024 by October 15,
2024, and will host a conference call to discuss these
results. Details for the conference call will be announced in a
separate press release.
Details of the conference call, including dial-in
information, will be announced in the coming days.
About Nisun International Enterprise Development Group Co.,
Ltd
Nisun International Enterprise Development Group Co., Ltd.
(NASDAQ: NISN) is a technology-driven, integrated supply chain
solutions provider focused on transforming the corporate finance
industry. Leveraging its industry experience, Nisun International
is dedicated to providing professional supply chain solutions to
Chinese and foreign enterprises and financial institutions. Through
its subsidiaries, Nisun International provides users with
professional solutions for technology supply chain management,
technology asset routing, and digital transformation of tech and
finance institutions, enabling the industry to strengthen and grow.
At the same time, Nisun International continues to deepen the field
of industry segmentation through industrial and financial
integration. Focusing on industry-finance linkages, Nisun
International aims to serve the upstream and downstream of the
industrial supply chain while also assisting with supply-side
sub-sector reform. For more information, please visit
http://ir.nisun-international.com/
Cautionary Note Regarding Forward-Looking
Statements
This press release contains information about
Nisun International 's view of its future
expectations, plans and prospects that constitute forward-looking
statements. Actual results may differ materially from historical
results or those indicated by these forward-looking statements as a
result of a variety of factors including, but not limited to, risks
and uncertainties associated with its ability to raise additional
funding, its ability to maintain and grow its business, variability
of operating results, its ability to maintain and enhance its
brand, its development and introduction of new products and
services, the successful integration of acquired companies,
technologies and assets into its portfolio of products and
services, marketing and other business development initiatives,
competition in the industry, general government regulation,
economic conditions, dependence on key personnel, the ability to
attract, hire and retain personnel who possess the technical skills
and experience necessary to meet the requirements of its clients,
and its ability to protect its intellectual property. Nisun
encourages you to review other factors that may affect its future
results in Nisun's registration statement and in its other filings
with the Securities and Exchange Commission. Nisun assumes no
obligation to update or revise its forward-looking statements as a
result of new information, future events or otherwise, except as
expressly required by applicable law.
Contacts
Nisun International Enterprise Development Group Co.,
Ltd
Investor Relations
Tel: +86 (21) 2357-0055
Email: ir@cnisun.com
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SOURCE Nisun International Enterprise Development Group Co.,
Ltd