The Hong Kong-based footwear maker ended 2022 back in the black, with net income attributable to shareholders of $1,683,000 for the year against a loss of $957,000, on 27% higher revenues of $9,254,000 up from $7,308,000. Gross margin soared to 48.9% from 31.8%, while operating expenses declined by 10% in dollars, and leveraged considerably on the higher top line. Manufacturing ... Log in to view full article.
