Company: SISI
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006895
Chunk: 187

Company: SHINECO, INC.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 2
Chunk 187
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 respectively:

    Six Months Ended December 31,  
    Variance 

    2024  
    %  
    2023  
    %  
    Amount  
    % 
  
    Rapid diagnostic and other products 
    $80,704  
     1.68% 
    $114,145  
     3.22% 
    $(33,441) 
     (29.30)%
  
    Other agricultural products 
     4,727,147  
     98.27% 
     3,400,586  
     96.02% 
     1,326,561  
     39.01%
  
    Healthy meal products 
     249  
     0.01% 
     19,446  
     0.55% 
     (19,197) 
     (98.72)%
  
    Business and sales related tax 
     2,055  
     0.04% 
     7,309  
     0.21% 
     (5,254) 
     (71.88)%
  
    Total Amount 
    $4,810,155  
     100.00% 
    $3,541,486  
     100.00% 
    $1,268,669  
     35.82%

For
the six months ended December 31, 2024 and 2023, cost of revenue from sales of rapid diagnostic and other products was US$80,704 and
US$114,145, respectively, representing a decrease of US$33,441, or 29.30%. The decrease was mainly due to a decline in orders we received
from our customers during the six months ended December 31,
2024.

For
the six months ended December 31, 2024 and 2023, cost of revenue from sales of other agricultural products was US$4,727,147 and US$3,400,586,
respectively, representing an increase of US$1,326,561, or 39.01%. The increase was mainly due to increased sales of fresh fruits as
well as more months of revenue generated during the six months ended December 31, 2024 as mentioned above.

For
the six months ended December 31, 2024 and 2023, cost of revenue from