---
schema_version: "secwatch.filing_event.v1"
accession: "0001193805-22-000798"
form_type: "8-K"
ticker: "GURE"
cik: "0000885462"
company_name: "GULF RESOURCES, INC."
filed_at: "2022-05-13T23:59:59+00:00"
generated_at: "2026-06-25T17:23:59.234950+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Gulf Resources Q1 revenues up 70% to $8.93M; operating loss cut 98% to $65K; to present 6-year plan by June

## Summary
- Net revenues $8.93M (+70% YoY); gross profit $4.38M (+306%); operating loss narrowed to $65K.
- Bromine revenue $8.13M (+69%); average price $8,086/tonne (+60.5%); utilization rate 19%.
- Crude salt revenue $754K (+68%); gross profit $124K; chemicals revenue $0, loss $513K.
- Cash $105.66M ($10.05/sh); operating cash flow $8.45M; shareholders' equity $288.07M ($27.39/sh).
- Company to provide 6-year financial plan by end of June 2022 via conference call; expects profitable remaining 2022.

## SEC filing metadata
- accession: 0001193805-22-000798
- form_type: 8-K
- ticker: GURE
- cik: 0000885462
- company_name: GULF RESOURCES, INC.
- filed_at: 2022-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885462/000119380522000798/0001193805-22-000798-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885462/000119380522000798/e621655_8k-gulf.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193805-22-000798
- JSON: https://secwatch.observer/filing/0001193805-22-000798.json
- Plain text: https://secwatch.observer/filing/0001193805-22-000798.txt

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