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Nova Lifestyle's 2023 Net Loss Narrows, Net Sales Decline; Shares Rise
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Nova Lifestyle's 2023 Net Loss Narrows, Net Sales Decline; Shares Rise
Apr 15, 2024 11:11 AM

01:54 PM EDT, 04/15/2024 (MT Newswires) -- Nova Lifestyle ( NVFY ) reported a 2023 net loss from continuing operations Monday of $7.7 million, compared with a loss of $17.1 million a year earlier.

Net sales for the year ended Dec. 31 were $11.1 million, down from $12.7 million a year earlier.

Analyst estimates were not available.

Shares of the company were up 5.9% in recent trading.

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