Armlogi Holding Corp. Announces Fiscal 2025 Third Quarter
From GlobeNewswire: 2025-05-14 17:15:00
Armlogi Holding Corp. reported a total revenue of $45.8 million in the third quarter, reflecting a 19.3% increase from the same period in 2024. However, operational costs led to a decrease in gross profit margin to 0.6%. General and administrative expenses rose to $4.47 million, resulting in a loss from operations of $4.19 million.
For the nine months ended March 31, 2025, Armlogi’s total revenue increased to $139.5 million, up by 14.6% from the same period in 2024. However, costs of sales rose by 35.0%, leading to a gross loss of $2.85 million. General and administrative expenses increased to $10.8 million, resulting in a loss from operations of $13.65 million.
Chairman and CEO Aidy Chou highlighted continued revenue growth amid operational investments and market-related cost pressures affecting profitability. Optimizing warehouse operations and leveraging technology are key focus areas. Positive developments in U.S.-China trade talks may impact the logistics sector positively, fostering cautious optimism for potential growth.
Armlogi’s management team will host an earnings conference call on May 16 to discuss financial results and operational overview. The Company offers comprehensive logistics solutions, catering to cross-border e-commerce merchants with a network of ten warehouses covering over three and a half million square feet. For more information, visit www.armlogi.com.
Read more at GlobeNewswire:: Armlogi Holding Corp. Announces Fiscal 2025 Third Quarter