Company: QSJC
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001683168-25-006089
Chunk: 1

Company: TANCHENG GROUP CO., LTD.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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     162,864 
  
    Foreign currency translation reserves 
     57,587  
     77,997 
  
    Accumulated deficit 
     (1,908,750) 
     (1,701,386)
  
    Total deficit 
     (1,683,917) 
     (1,456,143)
  
    Total liabilities and deficit 
    $1,532,060  
    $1,573,903 

The accompanying notes are an integral part of
the condensed consolidated financial statements.

 3 

TANCHENG GROUP CO., LTD.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
AND COMPREHENSIVE LOSS

(In U.S. Dollars, except share data or otherwise
stated)

FOR THE THREE AND SIX MONTHS ENDED JUNE 30,
2025 AND 2024 (UNAUDITED)

    Three months ended June 30,  
    Six months ended June 30, 

    2025  
    2024  
    2025  
    2024 
  
    REVENUE 
    $19,097  
    $244  
    $163,830  
    $157,135 

    COST OF REVENUE 
     (15,660) 
     (2,101) 
     (120,881) 
     (117,519)

    GROSS PROFIT (LOSS) 
     3,437  
     (1,857) 
     42,949  
     39,616 

    Selling and marketing expenses 
     (6,836) 
     (6,764) 
     (13,479) 
     (13,586)
  
    General and administrative expenses 
     (81,760) 
     (84,545) 
     (236,866) 
     (227,093)
  
    Total operating expenses 
     (88,596) 
     (91,309) 
     (250,345) 
     (240,679)

    LOSS FROM OPERATIONS 
     (85,159) 
     (93,166) 
     (207,396) 
     (201,063)

    OTHER INCOME 
     2  
     3  
     32  
     108