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FGI INDUSTRIES ANNOUNCES FIRST QUARTER 2025 RESULTS
FGIFGI Industries .(FGI) Prnewswire·2025-05-13 20:15

EAST HANOVER, N.J., May 13, 2025 /PRNewswire/ -- FGI Industries Ltd. (Nasdaq: FGI) ("FGI" or the "Company"), a leading global supplier of kitchen and bath products, today announced results for the first quarter 2025.FIRST QUARTER 2025 HIGHLIGHTS(As compared to the first quarter of 2024) Total revenue of 33.2million,+8.033.2 million, +8.0% y/y Gross profit of 8.9 million, +5.8% y/y Gross margin of 26.8%, -60 bps y/y Operating loss of 1.3millionandnetlossattributabletoshareholdersof1.3 million and net loss attributable to shareholders of 0.6 million Adjusted operating ...