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Tungray Technologies Inc Reports 2024 Full Year Financial Results
Prnewswire· 2025-05-14 21:15
SINGAPORE, May 14, 2025 /PRNewswire/ -- Tungray Technologies Inc ("Tungray" or the "Company"), a global Engineer-to-Order (ETO) company, today reported its financial results for the twelve months ended December 31, 2024.Full Year 2024 Financial Highlights Total revenues for the year ended December 31, 2024 decreased by 10.8% to $12.8 million, compared to $14.4 million for 2023. Gross margin for the year ended December 31, 2024 was 43.7%, compared to 46.7% for 2023. Operating loss for the year ended Decembe ...