Suncrete provides audited Hope Concrete financials: revenue $56.6M (down 20% YoY), net income $565K (down 85%)

Suncrete, Inc.

Net sales $56.55M in 2025 vs $70.68M in 2024; net income $565K vs $3.67M.
Gross profit fell from $15.47M to $9.31M; total assets $69.53M, liabilities $43.95M.
Hope Concrete acquired a Louisiana concrete plant in April 2025 via new subsidiary Lafayette Concrete Division.
Goodwill rose to $28.06M from $24.92M; cash dropped to $833K from $3.63M.

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