Wetouch Technology Inc reports first half 2025 revenue of 277 million dollars and net income up 455 percent year over year

Reuters

2025/10/09

Wetouch Technology Inc reports first half 2025 revenue of 277 million dollars and net income up 455 percent year over year

Wetouch Technology Inc. reported financial results for the first half of fiscal year 2025 ended June 30, 2025. Total revenue was $27.7 million, up from $27.1 million in the same period of 2024. Gross profit increased to $9.8 million from $8.2 million, and gross margin rose to 35.2% compared to 30.2% a year earlier. Net income was $4.8 million, an increase from $3.3 million in the first half of 2024. Operating cash flow was positive $4.7 million, compared with negative $5.3 million in the prior year period. Cash reserves reached $110.5 million, equivalent to approximately $9.26 per share, up from $98.4 million a year ago. Total volume shipped was 1.38 million units, an increase of 8.9% year-over-year. Shareholders' equity was $131.8 million as of June 30, 2025, compared with $122.5 million a year earlier.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wetouch Technology Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1084943) on October 09, 2025, and is solely responsible for the information contained therein.

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Total revenue was $27.7 million, up from $27.1 million in the same period of 2024. Gross profit increased to $9.8 million from $8.2 million, and gross margin rose to 35.2% compared to 30.2% a year earlier. Net income was $4.8 million, an increase from $3.3 million in the first half of 2024. Operating cash flow was positive $4.7 million, compared with negative $5.3 million in the prior year period. Cash reserves reached $110.5 million, equivalent to approximately $9.26 per share, up from $98.4 million a year ago. Total volume shipped was 1.38 million units, an increase of 8.9% year-over-year. Shareholders' equity was $131.8 million as of June 30, 2025, compared with $122.5 million a year earlier.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wetouch Technology Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1084943) on October 09, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4148","symbol_name":"电子元件","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251009:nNDLbsSJ2B:1","article_id":"2574681491","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2574681491","pubTimestamp":1760016623,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Wetouch Technology Inc. reported financial results for the first half of fiscal year 2025 ended June 30, 2025. 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