The company's 2023 financial performance suffered due to poo...

Moomoo AI Mar 6, 2024 15:27

The company's 2023 financial performance suffered due to poor market conditions, especially the drop in housing starts. However, reduced product liability reserves, marketing commissions, freight, and executive incentive compensation, along with increased interest income, partially offset the net sales decrease.

Press Release: Omega Flex, Inc. Announces Fourth Quarter 2023 Earnings

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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