Half Year 2023
Half Year 2023 Results
MILLENNIUM GROUP INTERNATIONAL HOLDINGS LIMITED ANNOUNCES FISCAL 2023 FIRST HALF FINANCIAL RESULTS
Hong Kong, June 29, 2023 -- Millennium Group International Holdings Limited (Nasdaq: MGIH) (the “Company”, “we”, “our”, “us” or “MGIH”), a long-established paper-based packaging solutions supplier headquartered in Hong Kong with operations mainly in the People’s Republic of China (“PRC”) and Vietnam, today announced its unaudited financial results for the six months ended December 31, 2022.
Fiscal Year 2023 First Half Financial Results Compared to Fiscal Year 2022 First Half
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Revenues were $26.3 million for the six months ended December 31, 2022, a 26.6% decrease from $35.9 million for the six months ended December 31, 2021;
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Gross profit was $5.9 million for the six months ended December 31, 2022, or 22.6% of revenues compared to $9.1 million, or 25.3% of revenues for the six months ended December 31, 2021;
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HALF YEAR EARNINGS 2023
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