---
schema_version: "secwatch.filing_event.v1"
accession: "0001193805-22-001179"
form_type: "8-K"
ticker: "GURE"
cik: "0000885462"
company_name: "GULF RESOURCES, INC."
filed_at: "2022-08-15T23:59:59+00:00"
generated_at: "2026-06-24T00:11:02.585659+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gulf Resources Q2 net income $3.9M ($0.37 EPS) vs loss of $2.7M; revenue up 41% to $15.7M

## Summary
- Q2 revenue $15.7M (+41% YoY); net income $3.9M vs loss $2.7M; EPS $0.37 vs loss $0.26.
- Bromine avg selling price $7,740/tonne (up from $5,556), segment revenue +38% to $13.9M.
- Chemical factory delayed; $0 revenue; $45.6M spent on construction; total cost est. $69M.
- Three factories (No.2,8,10) remain closed; hope to reopen one in 2022, another early 2023.
- Cash $79.1M, book value $26.32/share, invested $32.8M in bromine wells and infrastructure.

## SEC filing metadata
- accession: 0001193805-22-001179
- form_type: 8-K
- ticker: GURE
- cik: 0000885462
- company_name: GULF RESOURCES, INC.
- filed_at: 2022-08-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885462/000119380522001179/0001193805-22-001179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885462/000119380522001179/e621872_8k-gulf.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193805-22-001179
- JSON: https://secwatch.observer/filing/0001193805-22-001179.json
- Plain text: https://secwatch.observer/filing/0001193805-22-001179.txt

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