Antelope enterprise announces preliminary full year 2023 revenue of $70.4 million, a projected 65% year-over-year increase

Chengdu, china, april 01, 2024 (globe newswire) -- antelope enterprise holdings limited (nasdaq capital market: aehl) (“antelope enterprise” or the “company”), which operates kylincloud, a livestreaming ecommerce business in china with access to 800,000+ hosts and influencers, today pre-announced unaudited revenue of $70.4 million for its fiscal year ended december 31, 2023. this represents revenue growth of 65.3% compared to $42.6 million in revenue recorded for the full fiscal year of 2022. it also presents growth of 73.0% as compared to $40.7 million in revenue generated from the company's livestreaming ecommerce business, which represented 84.5% of total revenue generated in fiscal year 2022.
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