Caravelle reports half year 2023 financial results

Singapore , feb. 29, 2024 /prnewswire/ -- caravelle international group (the "company", nasdaq: caco), a trailblazing global ocean technology company, today announced its unaudited and unreviewed financial results for the six months ended april 30, 2023. half year 2023 financial highlights six months ended   year-over- april 30, april 30, year % in millions, except percentages 2023 2022 change total revenues $ 45.10 $ 96.67 (53.35) % gross margin 7.51 % 22.54 % (66.68) % income from operation $ 1.36 $ 20.13 (93.24) % net income $ 1.35 20.15 (93.30) %   april 30, october 31, in millions 2023 2022 cash, cash equivalents and restricted cash                  $ 9.62 $ 21.57 mr.
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