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HUDI - Huadi's Year Of The Tiger Starts With A Roar But Destined To End On A Whimper?
Huadi International Group Co. Ltd.
Huadi International reported its revenue rose 18% in its latest fiscal year, but its profit dropped 24% on high shipping and IPO-related costs.
Company’s shares were largely unchanged after results announcement, but have rallied sharply since last October on what looks like speculative trading.
The bottom line of all these big-picture factors is that Huadi is in a relatively neutral position from a business and regulatory perspective.