Decent Holding Inc. Reports Full Year 2024 Financial Results

Written by Emily J. Thompson, Senior Investment Analyst

DXST+4.38%

Source: Newsfilter

Updated: Mar 10 2025

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Source: Newsfilter

Financial Performance Overview: Decent Holding Inc. reported a 22.2% increase in total revenue to $11.5 million for the fiscal year ending October 31, 2024, with net income rising to $2.1 million despite a decline in gross profit margin to 27.8% due to lower-margin projects.
Operational Efficiency and Future Plans: The company achieved a 29% reduction in operating expenses, reflecting improved operational efficiency, and plans to invest in innovative technologies and expand its market presence in sustainable water management solutions to enhance profitability.

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About DXST

Decent Holding Inc is a holding company primarily engages in the water pollution treatment and resource reutilization treatment. The Company mainly operates three businesses. The wastewater treatment business is engaged in the protein-rich wastewater treatment. The river water quality management business is engaged in using microbial bacteria to promote the growth of pollutant-decreasing microorganisms, resulting in an increase in the dissolved oxygen concentration in the river and transforming the environment from anaerobic to aerobic. The microbial products for water quality enhancement and pollutant removal business is engaged in the sale of microbial products for pollutant cleansing. The Company mainly conducts its business in the domestic market.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.