Tianci International (NASDAQ:CIIT) Announces Earnings Results

Tianci International (NASDAQ:CIIT) posted its quarterly earnings results on Monday. The company reported $0.01 earnings per share for the quarter, FiscalAI reports. The firm had revenue of $4.31 million for the quarter. Tianci International had a negative return on equity of 96.90% and a negative net margin of 26.01%.

Tianci International Price Performance

Shares of CIIT stock opened at $0.49 on Tuesday. The stock has a market cap of $1.77 million, a P/E ratio of -0.37 and a beta of 0.75. The company has a fifty day moving average price of $1.31 and a two-hundred day moving average price of $2.34. Tianci International has a one year low of $0.38 and a one year high of $15.96.

About Tianci International

The Company’s primary line of business is global logistics. The Company through its subsidiary, Roshing, provides global logistics services, encompassing booking and the transportation arrangement and related logistics solutions. Roshing’s customized logistics solutions are tailored to meet the diverse needs of its customers. As a logistics shipping operator, Roshing focuses on ocean freight forwarding services, including container shipping and bulk goods shipping service. For the container shipping service, Roshing charters cargo space from shipping suppliers (such as shipowners, ship carrier or non-vessel operating common carriers) and then sub-charters that cargo space to its customers (cargo owners or cargo agents).