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RJD Green Inc. (OTC: RJDG) Stock Surges Amid Investor Interest on Record Revenues

RJD Green Inc. (OTC: RJDG) Stock Surges Amid Investor Interest on Record Revenues

RJD Green Inc. (OTC: RJDG) captured significant investor attention, leading to a substantial stock gain of 29.5% on June 5, 2024. The trading volume surged to nine times the average daily volume. The company announced that its business unit, Silex Holdings Inc., achieved its highest monthly revenue since its establishment in June 2006. In May, Silex Holdings, Inc., a division of RJD Green, recorded $865,730 in revenues and a net operating profit of $242,404. For context, the average annual revenue from Silex over the past two years was $4,800,000, with May 2024 revenues accounting for 18.1% of the annual income in 2023.

RJD Green announced in a news release that it anticipates revenues to exceed 2023 performance for the remainder of the year. The company highlighted that Silex's internal growth was driven by the expansion in the commercial market, alongside continued growth in the retail and housing sector. The company anticipates continued growth in the commercial sector and expects increased revenues in 2024 due to the launch of Silex Sales and Services, a new division. This division focuses on sales and marketing efforts for cabinetry across four states and is dedicated to launching more symmetrical products. 

Co’s Active across these industries include: Aethlon Medical Inc. NASDAQ: AEMD, Bright Green Corporation NASDAQ: BGXX, iSpecimen Inc. NASDAQ: ISPC

RJD Green functions as a holding company engaged in acquiring and managing companies and assets. It operates through three distinct divisions: RJD Green Healthcare Services, Earth Inc. Environmental Services, and Silex Holdings Inc. Silex operates in the specialty construction and industrial services sectors. For example, Silex Interiors bridges the gap between local contractors and large retailers like Home Depot. The division manufactures and installs granite countertops, cabinets, and related products for commercial contractors, remodelers, residential builders, and DIY customers.

 

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