Company: GURE
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001193805-25-001627
Chunk: 67

Company: GULF RESOURCES, INC.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 1
Chunk 67
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.27%
  
    Chemical Products 
     (352,371) 
     165.57% 
     (339,038) 
     7.52%
  
    Natural Gas 
     (39,781) 
     18.69% 
     (39,072) 
     0.87%
  
    Loss from operations before corporate costs 
     (212,824) 
     100% 
     (4,510,766) 
     100%
  
    Corporate costs 
     (121,104) 
        
     (70,843) 

    Loss from operations 
    $(333,928) 
        
    $(4,581,609) 

Bromine segment

Loss from operations from our bromine segment was $274,496 for the
three-month period ended September 30, 2025, compared to loss from operations of $4,029,999 in the same period in 2024. The increase of
the net revenue of bromine was due to the 238% increase in tonnes sold and the 52% increase in average selling price of bromine in the
third quarter of 2025. 

Crude salt segment

Income from operations from our crude salt segment
was $453,824 for the three-month period ended September 30, 2025, compared to loss from operations of $102,657 in the same period in 2024.
The increase of net revenue of crude salt was mainly due to the 58% increase in tonnes sold and the 4% decrease in average selling price
of crude salt for the three-month period ended September 30, 2025.

Chemical products segment

Loss from operations from our chemical products
segment was $352,371 for the three-month period ended September 30, 2025, compared to loss from operations of $339,038 in the same period
in 2024.

Natural gas segment

Loss from operations from our natural gas segment
was $39,781 for the three -month period ended September 30, 2025, compared to a loss of $39,072 in the same period in 2024.

Interest income, net
Interest income, net of $17,206 represented bank interest income, net of finance lease interest expense for the three-month period ended
September 30, 2025, an increase of $2,235 as compared to the