FGI INDUSTRIES ANNOUNCES THIRD QUARTER 2024 RESULTS

EAST HANOVER, N.J., Nov. 11, 2024 /PRNewswire/ -- FGI Industries Ltd. (Nasdaq: FGI) ("FGI" or the "Company"), a leading global supplier of kitchen and bath products, today announced results for the third quarter 2024.THIRD QUARTER 2024 HIGHLIGHTS(As compared to the third quarter of 2023) Total revenue of $36.1 million, +20.6$9.3 million, +18.9% y/y Gross margin of 25.8%, -40 bps y/y Operating loss of ($0.1) million and net loss attributable to shareholders of ($0.6) million Adjusted op ...