MingZhu Logistics Holdings Gross Profit Growth & History (YGMZF)

MingZhu Logistics Holdings's gross profit was $792,796 for fiscal 2024.

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MingZhu Logistics Holdings annual gross profit history

MingZhu Logistics Holdings annual gross profit

Fiscal yearPeriod endedGross profitChangeGrowth
20242024-12-31$792,796−$75.2M−98.96%
20232023-12-31$76.0M$117.2M
20222022-12-31−$41.3M−$43.2M
20212021-12-31$1.9M−$852,524−30.63%
20202020-12-31$2.8M

MingZhu Logistics Holdings gross profit trends

Between the periods ended 2020-12-31 and 2024-12-31, MingZhu Logistics Holdings's gross profit decreased from $2.8M to $792,796, a change of −$2.0M.

About the metric

What gross profit means

Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.

Calculation and source

SEC-reported and calculated gross profit

TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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