GTEC - Why Machinery Industry Company Greenland Technologies' Shares Are Diving Today | Benzinga
Greenland Technologies Holding Corp (NASDAQ: GTEC) shares are trading lower by over 12% following its Q3 FY23 results.
The East Windsor, New Jersey-based company's revenue of $21.84 million missed the consensus estimate of $24.27 million.
For the first nine months of 2023, GTEC sold 112,414 sets of transmission products vs. 102,144 the prior year.
Gross profit rose 30.3% Y/Y to $6.27 million ...