Globavend Holdings Limited announced its financial results for the fiscal year ended September 30, 2024, reporting a significant 24% growth in its net income. This marks a successful year for the e-commerce logistics provider, reflecting its operational performance.
For the fiscal year 2024, Globavend recorded total revenue of $16.54 million and a gross profit of $2.42 million. Net income from continuing operations for the same period stood at $1.34 million.
Frank Yau, CEO of Globavend, stated that these results reflect the company's commitment to delivering value to customers and stakeholders. He added that the strong net income growth is a testament to the team's dedication and the company's ability to adapt to changing market conditions.
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