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Oriental Culture Holding LTD Announces First Half Year of 2025 Unaudited Financial Results
HONG KONG, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Oriental Culture Holding LTD. (“OCG” or the “Company”) (NASDAQ: OCG), an online provider of collectibles and artwork e-commerce services, today announced its unaudited financial results for the six months ended June 30, 2025. First Half Year of 2025 Financial Highlights Total revenues were approximately $0.1 million for the six months ended June 30, 2025, compared with the total revenues of approximately $0.4 million for the six months ended June 30,
About this update from Oriental Culture Holding Ltd
[{"type":"text","content":"HONG KONG, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Oriental Culture Holding LTD. (“OCG” or the “Company”) (NASDAQ: OCG), an online provider of collectibles and artwork e-commerce services, today announced its unaudited financial results for the six months ended June 30, 2025.","length":270,"tagName":"p"},{"type":"text","content":"First Half Year of 2025 Financial Highlights","length":44,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total revenues were approximately $0.1 million for the six months ended June 30, 2025, compared with the total revenues of approximately $0.4 million for the six months ended June 30, 2024.","length":189,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit was approximately $0.1 million for the six months ended June 30, 2025, compared with approximately gross profit of $0.3 million for the six months ended June 30, 2024.","length":180,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross margin was 84.7% for the six months ended June 30, 2025, compared with a gross margin of 65.8% for the six months ended June 30, 2024.","length":140,"tagName":"p"}]},{"val":[{"type":"text","content":"Loss from operations was approximately $4.5 million for the six months ended June 30, 2025, compared with income from operations of approximately $2.1 million for the six months ended June 30, 2024.","length":198,"tagName":"p"}]},{"val":[{"type":"text","content":"Net loss was approximately $3.8 million for the six months ended June 30, 2025, compared with approximately $1.9 million for the six months ended June 30, 2024.","length":160,"tagName":"p"}]},{"val":[{"type":"text","content":"Basic and diluted loss per share was $0.19 for the six months ended June 30, 2025, compared with $0.28 for the six months ended June 30, 2024.","length":142,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1009,"olType":false},{"type":"text","content":"Recent developments","length":19,"tagName":"p"},{"type":"text","content":"On January 23, 2025, the Board of Directors of the Company (the “Board”) approved the appointment of Mr. Aimin Kong as the Chief Operating Officer (“COO”) of the Company for a term of 5 years and agreed to grant him 12 million preferred shares. On June 27, 2025, the shareholders of the Company approved that 12 million preferred shares (the “Preferred Shares”) be designated ...