Abits Group Inc. Q3 operating profit before depreciation and overheads up over triple to USD 1.19 million

Reuters

12/11

Abits Group Inc. Q3 operating profit before depreciation and overheads up over triple to USD 1.19 million

Abits Group Inc. $(ABTS)$ reported unaudited results for the third quarter (Q3) ended September 30, 2025. Total revenue at the Duff, Tennessee site reached USD 1.61 million, representing a 27.5% increase compared to Q3 2024. The profit from this self-owned mining operation was USD 0.76 million. The Mendenhall hosting facility in Memphis contributed a profit of USD 0.43 million. Operating profit from operations, before accounting for depreciation and group overheads, totalled USD 1.19 million, more than triple the result reported in Q3 2024. Loss before taxation narrowed to USD 0.29 million for the quarter. The Duff mine produced 13.61 bitcoins during the quarter. The share of profit due to Abit USA from the joint-venture was USD 0.43 million for Q3 2025. The company expects continued improvement at its Memphis operation and stable performance at Duff, depending on bitcoin price trends.

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. Abits Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9600149) on December 10, 2025, and is solely responsible for the information contained therein.

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Q3 operating profit before depreciation and overheads up over triple to USD 1.19 million","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Abits Group Inc. Q3 operating profit before depreciation and overheads up over triple to USD 1.19 million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Abits Group Inc. <a href=\"https://laohu8.com/S/ABTS\">$(ABTS)$</a> reported unaudited results for the third quarter (Q3) ended September 30, 2025. Total revenue at the Duff, Tennessee site reached USD 1.61 million, representing a 27.5% increase compared to Q3 2024. The profit from this self-owned mining operation was USD 0.76 million. The Mendenhall hosting facility in Memphis contributed a profit of USD 0.43 million. Operating profit from operations, before accounting for depreciation and group overheads, totalled USD 1.19 million, more than triple the result reported in Q3 2024. Loss before taxation narrowed to USD 0.29 million for the quarter. The Duff mine produced 13.61 bitcoins during the quarter. The share of profit due to Abit USA from the joint-venture was USD 0.43 million for Q3 2025. The company expects continued improvement at its Memphis operation and stable performance at Duff, depending on bitcoin price trends.\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. 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Q3 operating profit before depreciation and overheads up over triple to USD 1.19 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-11 05:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Abits Group Inc. Q3 operating profit before depreciation and overheads up over triple to USD 1.19 million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Abits Group Inc. <a href=\"https://laohu8.com/S/ABTS\">$(ABTS)$</a> reported unaudited results for the third quarter (Q3) ended September 30, 2025. Total revenue at the Duff, Tennessee site reached USD 1.61 million, representing a 27.5% increase compared to Q3 2024. The profit from this self-owned mining operation was USD 0.76 million. The Mendenhall hosting facility in Memphis contributed a profit of USD 0.43 million. Operating profit from operations, before accounting for depreciation and group overheads, totalled USD 1.19 million, more than triple the result reported in Q3 2024. Loss before taxation narrowed to USD 0.29 million for the quarter. The Duff mine produced 13.61 bitcoins during the quarter. The share of profit due to Abit USA from the joint-venture was USD 0.43 million for Q3 2025. The company expects continued improvement at its Memphis operation and stable performance at Duff, depending on bitcoin price trends.\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. Abits Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9600149) on December 10, 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":"BK4600","symbol_name":"加密货币概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251210:nNDL3CCD9L:1","article_id":"2590655360","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2590655360","pubTimestamp":1765402229,"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":"Abits Group Inc.  reported unaudited results for the third quarter  ended September 30, 2025. Total revenue at the Duff, Tennessee site reached USD 1.61 million, representing a 27.5% increase compared to Q3 2024. The profit from this self-owned mining operation was USD 0.76 million. The Mendenhall hosting facility in Memphis contributed a profit of USD 0.43 million. Operating profit from operations, before accounting for depreciation and group overheads, totalled USD 1.19 million, more than triple the result reported in Q3 2024. Loss before taxation narrowed to USD 0.29 million for the quarter. The Duff mine produced 13.61 bitcoins during the quarter. The share of profit due to Abit USA from the joint-venture was USD 0.43 million for Q3 2025. 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Q3 operating profit before depreciation and overheads up over triple to USD 1.19 million\n    \n\n        Abits Group Inc. $(ABTS)$ reported unaudited results for the third quarter (Q3) ended September 30, 2025. Total revenue at the Duff, Tennessee site reached USD 1.61 million, representing a 27.5% increase compared to Q3 2024. The profit from this self-owned mining operation was USD 0.76 million. The Mendenhall hosting facility in Memphis contributed a profit of USD 0.43 million. Operating profit from operations, before accounting for depreciation and group overheads, totalled USD 1.19 million, more than triple the result reported in Q3 2024. Loss before taxation narrowed to USD 0.29 million for the quarter. The Duff mine produced 13.61 bitcoins during the quarter. The share of profit due to Abit USA from the joint-venture was USD 0.43 million for Q3 2025. The company expects continued improvement at its Memphis operation and stable performance at Duff, depending on bitcoin price trends.\n      \n\nDisclaimer: 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. Abits Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9600149) on December 10, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}