Wetouch Technology Net Income Rises 23.7% in First Nine Months of Fiscal 2025

Reuters

2025/11/12

Wetouch Technology Net Income Rises 23.7% in First Nine Months of Fiscal 2025

Wetouch Technology Inc. reported total revenue of $39.9 million for the first nine months of fiscal year 2025, a 3.4% increase from $38.6 million in the same period of 2024. Gross profit rose 8.7% to $13.7 million, while net income increased 23.7% year-over-year to $7.3 million. Operating cash flow was positive at $8.5 million, compared to negative $0.7 million a year ago. Cash reserves reached $113.2 million, or approximately $9.5 per share. Shareholders' equity rose 4.8% to $135.2 million. Revenue in China grew 9.7% year-over-year, driven by the automotive and industrial touchscreen sectors, while overseas revenue declined 7.9% due to weaker demand in medical and gaming segments. The company reported progress on its Chengdu facility, scheduled for completion by the end of 2025, with mass production expected in the second quarter of 2026.

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: 1100677) on November 12, 2025, and is solely responsible for the information contained therein.

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Gross profit rose 8.7% to $13.7 million, while net income increased 23.7% year-over-year to $7.3 million. Operating cash flow was positive at $8.5 million, compared to negative $0.7 million a year ago. Cash reserves reached $113.2 million, or approximately $9.5 per share. Shareholders' equity rose 4.8% to $135.2 million. Revenue in China grew 9.7% year-over-year, driven by the automotive and industrial touchscreen sectors, while overseas revenue declined 7.9% due to weaker demand in medical and gaming segments. The company reported progress on its Chengdu facility, scheduled for completion by the end of 2025, with mass production expected in the second quarter of 2026.\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: 1100677) on November 12, 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":"WETH","symbol_name":"伟大奇","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251112:nNDLbvwY5g:1","article_id":"2582771173","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582771173","pubTimestamp":1762957842,"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 total revenue of $39.9 million for the first nine months of fiscal year 2025, a 3.4% increase from $38.6 million in the same period of 2024. 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