Lichen China Limited Announced Financial Results for Fiscal Year 2023
XIAMEN, China, April 5, 2024 /PRNewswire/ -- Lichen China Limited (the "Company" or "Lichen China")(NASDAQ: LICN), a dedicated financial and taxation service provider in China, today announced its financial results for the fiscal year ended December 31, 2023.
- XIAMEN, China, April 5, 2024 /PRNewswire/ -- Lichen China Limited (the "Company" or "Lichen China")(NASDAQ: LICN), a dedicated financial and taxation service provider in China, today announced its financial results for the fiscal year ended December 31, 2023.
- Gross profit was approximately $24.32 million for the fiscal year ended December 31, 2023, representing an increase of approximately $4.12 million or 20.44%, compared with approximately $20.19 million for the fiscal year ended December 31, 2022.
- The gross margin improved 1.44% from 59.73% for fiscal year 2022 to 61.17% for fiscal year 2023.
- Mr. Li Ya, Chairman of Lichen China, said, "In 2023, as the impact of the pandemic gradually dissipated, our Company's focus shifted towards deepening our financial and taxation solution services.