---
schema_version: "secwatch.filing_event.v1"
accession: "0001193805-22-000616"
form_type: "8-K"
ticker: "GURE"
cik: "0000885462"
company_name: "GULF RESOURCES, INC."
filed_at: "2022-04-13T23:59:59+00:00"
generated_at: "2026-06-26T07:47:46.008346+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Gulf Resources FY2021 revenue surges 95%, gross profit up 217%; net loss narrows 89% to $0.9M

## Summary
- Full year 2021 revenue $55.0M (+95% YoY); gross profit $27.9M (+217%); net loss improved to $0.9M from $8.4M.
- Bromine segment revenue up 78% on 24% higher volume and 57% price increase; average selling price RMB 42,644.
- Q4 2021 net revenue $20.9M (+76.7%), but net loss of $1.1M vs profit of $0.3M a year ago due to $4.1M extra depreciation & $2.7M deferred tax charge.
- Cash from operations $23.3M; cash per share $9.15; working capital $101.5M; equity $286.6M.
- 2022 outlook: high bromine prices expected to continue; one or more closed factories may be re-opened; chemical factory production likely in 2023, cost overrun ~$5M.

## SEC filing metadata
- accession: 0001193805-22-000616
- form_type: 8-K
- ticker: GURE
- cik: 0000885462
- company_name: GULF RESOURCES, INC.
- filed_at: 2022-04-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885462/000119380522000616/0001193805-22-000616-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885462/000119380522000616/e621546_8k-gulf.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193805-22-000616
- JSON: https://secwatch.observer/filing/0001193805-22-000616.json
- Plain text: https://secwatch.observer/filing/0001193805-22-000616.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.