Pretax income is the income that a company earns before paying income taxes. Fortune Valley Treasures's pretax income for the
three
months ended in Dec. 2023 was $-2.51 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.18 Mil.
Fortune Valley Treasures's pretax margin was -599.76%.
During the past 9 years, Fortune Valley Treasures's highest Pretax Margin was 27.57%. The lowest was -276.04%. And the median was -82.63%.
Fortune Valley Treasures Pre-Tax Income Historical Data
The historical data trend for Fortune Valley Treasures's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Fortune Valley Treasures's Pre-Tax Income
For the Beverages - Wineries & Distilleries subindustry, Fortune Valley Treasures's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fortune Valley Treasures's Pre-Tax Income Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Fortune Valley Treasures's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Fortune Valley Treasures's Pre-Tax Income falls into.
Fortune Valley Treasures Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Fortune Valley Treasures's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.18 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fortune Valley Treasures (OTCPK:FVTI) Pre-Tax Income Explanation
Fortune Valley Treasures's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as
During the past 9 years, Fortune Valley Treasures's highest Pretax Margin was 27.57%. The lowest was -276.04%. And the median was -82.63%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fortune Valley Treasures Pre-Tax Income Related Terms
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Fortune Valley Treasures (Fortune Valley Treasures) Business Description
Fortune Valley Treasures Inc is engaged in operations of wholesale distribution and retail sales of food and beverage products in the People's Republic of China. The company is into acquiring businesses that are in the food, beverage, and alcohol industries. Its products include a variety of wines, such as dry red wine, dry white wine, rose wine, and sweet wine, and other products. Its products are sold to retailers, such as wine shops, convenience stores, and supermarkets.
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