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ZK International Group Co., Ltd. Announces Record Revenue of $86.85 Million, an Increase of 36% for the Fiscal Year 2020

$2.72 3.4% Revenue increased by 35.9% to a record $86.85 million primarily driven by increased sales of stainless steel coil and strip and partially offset by decreased weighted average selling prices ("ASP") offered to customers as a temporary sales strategy during the pandemic by providing one-off discount on certain products to some key customers. Gross profit decreased by 74.8% to $3.94 million. Gross margin was 4.5%, compared to 24.5% for the prior fiscal year. The decreases in gross prof...
James Heller Sherry Zheng Jiancong Huang Zk International Is Quality Management System Certified Source Zk International Group Co Ltd Dentoro Alliance

xSigma Corporation, a wholly owned subsidiary of ZK International, Recruits Leading Blockchain Engineer to Join xSigma DeFi

xSigma Corporation, a wholly owned subsidiary of ZK International, Recruits Leading Blockchain Engineer to Join xSigma DeFi News provided by Share this article Share this article WENZHOU, China, Dec. 21, 2020 /PRNewswire/ -- ZK International Group Co., Ltd. (Nasdaq: ZKIN) ("ZKIN", "ZK International" or the "Company"), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies, today an...
United States Alex Lebed Sherry Zheng Daniel Garay Kamal Obadd Jiancong Huang

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