GULF RESOURCES, INC.GUREEarnings & Financial Report
EOG Resources, Inc. is an American energy company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in the Heritage Plaza building in Houston, Texas.
Revenue
$8.0M
Gross Profit
$684.3K
Operating Profit
$-919.1K
Net Profit
$-681.8K
Gross Margin
8.5%
Operating Margin
-11.5%
Net Margin
-8.5%
YoY Growth
-49.0%
EPS
$-0.07
GULF RESOURCES, INC. Q2 FY2023 Financial Summary
GULF RESOURCES, INC. reported revenue of $8.0M (down 49.0% YoY) for Q2 FY2023, with a net profit of $-681.8K (down 117.5% YoY) (-8.5% margin). Cost of goods sold was $7.3M, operating expenses totaled $1.6M.
Key Financial Metrics
| Total Revenue | $8.0M |
|---|---|
| Net Profit | $-681.8K |
| Gross Margin | 8.5% |
| Operating Margin | -11.5% |
| Report Period | Q2 FY2023 |
GULF RESOURCES, INC. Annual Revenue by Year
GULF RESOURCES, INC. annual revenue history includes year-by-year totals (for example, 2023 revenue was $30.0M).
| Year | Annual Revenue |
|---|---|
| 2023 | $30.0M |
| 2022 | $66.1M |
GULF RESOURCES, INC. Quarterly Revenue & Net Profit History
GULF RESOURCES, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $9.0M | +303.4% | $-35.7M | -394.3% |
| Q2 FY2025 | $8.3M | +250.1% | $-773.8K | -9.3% |
| Q4 FY2023 | $6.9M | -63.0% | $-58.8M | -855.6% |
| Q3 FY2023 | $5.9M | -74.3% | $-1.8M | -30.3% |
| Q2 FY2023 | $8.0M | -49.0% | $-681.8K | -8.5% |
| Q1 FY2023 | $9.3M | +4.2% | $-557.7K | -6.0% |
| Q4 FY2022 | $18.6M | -10.9% | $-2.7M | -14.5% |
| Q3 FY2022 | $22.9M | +28.8% | $9.0M | 39.2% |
Income Statement
| Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.9M | $18.6M | $9.3M | $8.0M | $5.9M | $6.9M | $8.3M | $9.0M |
| YoY Growth | 28.8% | -10.9% | 4.2% | -49.0% | -74.3% | -63.0% | 250.1% | 303.4% |
Balance Sheet
| Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $290.5M | $292.4M | $295.7M | $278.3M | $278.9M | $226.7M | $164.6M | $131.9M |
| Liabilities | $21.9M | $20.8M | $20.9M | $18.1M | $18.2M | $21.4M | $22.4M | $24.4M |
| Equity | $268.6M | $271.6M | $274.8M | $260.3M | $260.7M | $205.2M | $142.2M | $107.5M |
Cash Flow
| Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $18.6M | $14.0M | $4.8M | $6.2M | $-1.1M | $-42.6M | $-559307 | $6.7M |