MingZhu Logistics Holdings Gross Profit Growth & History (YGMZF)
MingZhu Logistics Holdings's gross profit was $792,796 for fiscal 2024.
View full MingZhu Logistics Holdings company overviewMingZhu Logistics Holdings annual gross profit history
2020
2021
2022
2023
2024
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $792,796 | −$75.2M | −98.96% |
| 2023 | 2023-12-31 | $76.0M | $117.2M | — |
| 2022 | 2022-12-31 | −$41.3M | −$43.2M | — |
| 2021 | 2021-12-31 | $1.9M | −$852,524 | −30.63% |
| 2020 | 2020-12-31 | $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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