Zhongchao (ZCMD) has released an update.
Zhongchao Inc. reported a mixed financial performance for the first half of 2024, with total revenues declining to $8.35 million from $10.38 million in 2023. Despite this, the company managed to achieve a net income of $182,933 due to improved cost management and reduced operating expenses. The balance sheet showed a slight decrease in total assets to $24.03 million, while liabilities remained relatively stable.
For further insights into ZCMD stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
