Company: GURE
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001193805-25-001184
Chunk: 63

Company: GULF RESOURCES, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1
Chunk 63
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(3%)
  
    Chemical Products 
     (344,947) 
     52% 
     (339,254) 
     7%
  
    Natural Gas 
     (43,255) 
     6% 
     (73,773) 
     2%
  
    loss from operations before corporate costs 
     (666,072) 
     100% 
     (4,945,589) 
     100%
  
    Corporate costs 
     (84,614) 
        
     (201,408) 

    Loss from operations 
    $(750,686) 
        
    $(5,146,997) 

Bromine segment

Loss from operations from our bromine segment
was $130,381 for the three-month period ended June 30, 2025, compared to loss from operations of $4,662,586 in the same period in 2024.
This decrease was due to a 152% increase in tonnes sold and a 64% increase in average selling price.

Crude salt segment

Loss from operations from our crude salt segment
was $147,489 for the three-month period ended June 30, 2025, compared to income from operations of $130,024 in the same period in 2024.

33 

Chemical products segment

Loss from operations from our chemical products
segment was $344,947 for the three-month period ended June 30, 2025, compared to loss from operations of $339,254 in the same period in
2024.

Natural gas segment

Loss from operations from our natural gas segment
was $43,225 for the three -month period ended June 30, 2025, compared to a loss from operations of $73,773 in the same period in 2024.

Interest Income (Loss), Net Other
loss, net of 19,879 represented bank interest income, net of finance lease interest expense for the three-month period ended June 30,
2025, a decrease of $29,856 as compared to the same period in 2024.

Loss on disposal of property, plant and equipment. Loss
on disposal of property, plant and equipment was $29,169,008 in the fiscal year 2024. In June 2024, considered the bromide well and transmission
channel have been in use for many years, the Company conducted a site inspection and