Company: SISI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010889
Chunk: 93

Company: SHINECO, INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 93
---
 parties 
     2,449,279  
     1,714,464 
  
    Other payables and accrued expenses 
     403,262  
     571,746 
  
    Deferred income 
     192,894  
     68,800 
  
    Taxes payable 
     776,949  
     721,848 
  
    Total current liabilities of discontinued operation 
     31,099,110  
     16,925,019 

    Long-term loans - non-current 
     1,687,821  
     1,080,159 
  
    Deferred tax liability 
     7,958,986  
     8,646,588 
  
    Total liabilities of discontinued operation 
    $40,745,917  
    $26,651,766 

    49

The summarized operating result of discontinued operations
included in the Company’s unaudited condensed consolidated statements of loss and comprehensive loss consist of the following:

SCHEDULE OF DISPOSAL GROUP INCLUDING DISCONTINUED OPERATIONS

    For the Nine Months Ended
                                                                                March 31,  
    For the Three Months Ended
                                                                                March 31, 

    2025  
    2024  
    2025  
    2024 

    REVENUE 
    $7,633,705  
    $4,849,026  
    $2,628,318  
    $1,202,054 

    COST OF REVENUE 

    Cost of products 
     7,301,782  
     4,484,838  
     2,574,635  
     1,080,074 
  
    Business and sales related tax 
     1,830  
     7,431  
     447  
     1,466 
  
    Total cost of revenue 
     7,303,612  
     4,492,269  
     2,575,082  
     1,081,540 

    GROSS PROFIT 
     330,093  
     356,757  
     53,236  
     120,514 

    OPERATING EXPENSES 

    General and administrative expenses 
     8,625,011  
     4,722,764  
     4