Detail akcie JZXN Rg online

Business Summary: Jiuzi Holdings Inc is a China-based company mainly engaged in operating new energy vehicles (NEV) retail stores. The Company operates its stores under the brand Jiuzi and sells battery-operated electric vehicles and plug-in electric vehicles in third-fourth tier cities in China. The Company is also involved in franchising NEV retail stores.
Financial Summary: BRIEF: For the fiscal year ended 31 October 2023, Jiuzi Holdings Inc revenues remained flat at $5.9M. Net loss before extraordinary items decreased 40% to $9.9M. Revenues reflect Franchisees service revenues segment increase from $284K to $1.3M, Other service revenues segment increase from $24K to $89K, also reflect NEVs salea segment decrease of 20% to $4.5M. Lower net loss reflects Provision for bad debt decrease of 93% to $765K (expense).