Huadi’s Year of the Tiger Starts with a Roar, But Destined to End on a Whimper?
Key Takeaways:
Huadi International reported its revenue rose 18% in its latest fiscal year, but its profit dropped 24% on high shipping and IPO-related costs
Company’s shares were largely unchanged after results announcement, but have rallied sharply since last October on what looks like speculative trading
By Doug Young