Tianci International, Inc., a global logistics service provider specializing in ocean freight forwarding, has announced its financial results for the third quarter of 2025. The company reported a slight increase in revenue, up by $7,869 from $1.94 million in the third quarter of 2024 to $1.948 million in the third quarter of 2025. However, the company saw a significant increase in its net loss, which rose from $38,797 in the third quarter of 2024 to $959,409 in the third quarter of 2025. This increase was primarily due to general and administrative expenses associated with the completion of a public offering. Revenue from logistics operations, which accounted for 98% of the company's overall revenue, fell by $19,882 compared to the same period in 2024. This decline was attributed to a weakened demand for international shipping services due to discussions about and implementation of tariffs. Nevertheless, overall revenue saw a modest increase due to a rise of $27,751 in revenue from other operations. Gross profit decreased significantly from $277,707 for the three months ended April 30, 2024, to $57,983 for the same period in 2025, affected by increased shipping costs in the regions serviced by the company. General and administrative expenses increased substantially, from $134,473 to $960,583, mainly due to several expenses timed with the company's public offering. These included $333,334 from two service agreements, a $158,412 charge for the value of the warrant issued to the underwriter, and a one-time bonus of $200,000 paid to certain management personnel. The public offering of 1.75 million common shares resulted in net proceeds of $5.218 million, leaving Tianci International with a working capital of $4.509 million as of April 30, 2025. The company plans to use a significant portion of this working capital to expand its market presence in logistics services. As part of its growth strategy, Tianci intends to shift its focus toward long-distance shipping lines, which are expected to offer higher profit margins.