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.
FY 2023 Financial Highlights:
Revenue increased approximately $5.95 million or 17.61% to approximately $39.76 million for the year ended December 31, 2023, as compared with approximately $33.81 million for the fiscal year ended December 31, 2022. The increase was primarily due to continuous expansion of the branding and business that brought new clients and orders.Gross profit was approximately $24.32 million for the fiscal year ended D