FGI Industries Reports Strong Third Quarter 2024 Revenue Growth, Driven by Strategic Investments

FGI Industries Ltd. (FGI) announced robust third-quarter 2024 results, highlighting a 20.6% year-over-year increase in total revenue, reaching $36.1 million. This growth was fueled by strategic investments in brands, products, and channel strategies, positioning FGI ahead of the overall market’s relatively flat outlook. Notably, all business segments and geographies experienced growth, with Sanitaryware and Bath Furniture reversing prior-quarter declines.

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