Wetouch Technology INC 10-Q quarterly reports

Wetouch Technology reports Q1 2026 net income of $3.9 million, a 50% increase year-over-year, driven by higher revenues and reduced administrative expenses.

Wetouch Technology Inc. reports increased nine-month revenue and net income, but a decline in Q3 net income and gross profit, while progressing with its new production facility and addressing internal control weaknesses.

Wetouch Technology Inc. reports a 1.6% revenue increase for Q2 2025, but net income declined 18.5% to $2.2 million, while half-year net income surged 45.5% to $4.8 million.

Wetouch Technology Inc. reported a significant increase in net income and gross profit for the first quarter of 2025, driven by higher sales volume and improved cost management, despite ongoing internal control weaknesses.

Wetouch Technology Inc. experienced a slight revenue increase but a decrease in profitability in the third quarter of 2024, alongside ongoing challenges with internal controls and regulatory compliance.

Wetouch Technology Inc. experienced a decrease in revenue and net income for the second quarter of 2024, while continuing its expansion efforts with a new facility.

Wetouch Technology Inc. saw a revenue increase in Q1 2024, but experienced a significant decrease in profitability due to higher raw material costs.