Taoping (TAOP) Reports Contract Revenue Value Surges 95% YoY 1H 2023

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Taoping Contract Revenue Value Surges 95% YoY 1H 2023

July 11, 2023 9:00 AM EDT

SHENZHEN, China, July 11, 2023 /PRNewswire/ -- Taoping Inc. (NASDAQ: TAOP, the "Company" or "Taoping"), today reported a 95% increase in contract revenue value for its cloud-based product, software and advertising businesses for the first half of 2023 on a year over year basis. The Company has received contracts totaling RMB 106 million (approximately US$14.65 million) in the first half of 2023, all of which are expected to be completed and recognized as... More