{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. 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Reports 12% Revenue Decline in 2024 Due to Reduced International Sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2535801827","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535801827?lang=en_us&edition=fundamental","pubTime":"2025-05-13 05:23","pubTimestamp":1747085031,"startTime":"0","endTime":"0","summary":"Hongli Group Inc. has released its financial results for the years ended December 31, 2024, and 2023. The company's revenue, primarily derived from the sale of cold roll-formed steel profiles such as agricultural machinery cab assemblies and construction machinery cab assemblies, is influenced by its ability to maintain and develop customer relationships with key clients including LOVOL, South Korean VOLVO, and XCMG. The results indicate that revenue is also impacted by market competition, economic conditions, pricing strategies, inflationary pressures, and foreign exchange rate fluctuations. The management of Hongli Shandong continues to assess the feasibility of opening a sales office in the U.S., a move that has been delayed due to geopolitical tensions. 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