Business
Dogness Reports Financial Results for the Six Months Ended December 31, 2024
Dogness (International) Corporation ("Dogness" or the "Company") (NASDAQ: DOGZ), a developer and manufacturer of a comprehensive line of Dogness-branded, OEM and private label pet products, today announced its financial results for the six months ended December 31, 2024.
About this update from Dogness (international) Corporation
[{"type":"text","content":"DONGGUAN, China and PLANO, Texas, March 31, 2025 /PRNewswire/ -- Dogness (International) Corporation ("Dogness" or the "Company") (NASDAQ: DOGZ), a developer and manufacturer of a comprehensive line of Dogness-branded, OEM and private label pet products, today announced its financial results for the six months ended December 31, 2024.","length":367,"tagName":"p"},{"type":"image","alt":"Logo (PRNewsfoto/Dogness International Corporation)","displaySize":"","headline":null,"caption":"Logo (PRNewsfoto/Dogness International Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":256,"url":"https://media.zenfs.com/en/prnewswire.com/d163f437e5c65b2a42ace5968dc22f84"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/kTZAy2kOcFfCyVvee5uBuw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ1MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/d163f437e5c65b2a42ace5968dc22f84","width":400,"height":256}},"href":"https://mma.prnewswire.com/media/1417719/Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Mr. Silong Chen, the CEO of the Company, commented: "We delivered robust financial results for the half year ended December 2024, marked by strong revenue growth, increased operational efficiency, and progress toward profitability. Our revenue reached $12.1 million for the six months ended December 2024, an 81.1% increase from the same period in 2023, driven by high demand across all product categories and regions. Meanwhile, our ongoing efforts on cost management and economies of scale have significantly improved operating results.","length":543,"tagName":"p"},{"type":"text","content":""Looking ahead, Dogness aims to accelerate product innovation, expand its global market presence and drive cost efficiencies. The Company plans to acquire smaller pet product manufacturers in China to strengthen supply chain control and operational efficiencies, thereby increasing market share. With a focus on developing sustainable, high-tech pet products and leveraging strategic partnerships, we anticipate further revenue growth, improved profitability and increased shareholder value." ","length":503,"tagName":"p"},{"type":"text","content":"Financial Results for the Half Year Ended December 31, 2024","length":59,"tagName":"p"},{"type":"text","content":"Rev...