Company: GURE
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001193805-25-001184
Chunk: 38

Company: GULF RESOURCES, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1
Chunk 38
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     79,082  
     —  
     1,208,110  
     —  
     1,208,110 
  
    Income (loss) from operations after income tax benefit (expense) 
     (3,500,334) 
     96,800  
     (260,172) 
     (73,773) 
     (3,737,479) 
     (201,408) 
     (3,938,887)
  
    Total assets 
     90,430,154  
     47,346,898  
     54,185,082  
     1,837,520  
     193,799,654  
     126,372  
     193,926,026 
  
    Depreciation and amortization 
     4,446,605  
     181,775  
     68,314  
     33,560  
     4,730,254  
     —  
     4,730,254 
  
    Capital expenditures 
     28,923,642  
     31,602,571  
     —  
     —  
     60,526,213  
     —  
     60,526,213 

    21 

GULF RESOURCES, INC.

AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

JUNE 30, 2025

 (Expressed in U.S. dollars)

(UNAUDITED)

NOTE 17 – BUSINESS SEGMENTS – Continued

    Six-Month Period Ended  June 30, 2025 
    Bromine* 
    Crude  Salt* 
    Chemical  Products 
    Natural Gas 
    Segment  Total 
    Corporate 
    Total
  
    Net revenue (external customers) 
    $9,158,243  
    $789,989  
    $—  
    $—  
    $9,948,232  
    $—  
    $9,948,232 
  
    Net revenue (intersegment) 
     —  
     —  
     —  
     —  
     —  
     —  
     —