---
schema_version: "secwatch.filing_event.v1"
accession: "0001193805-22-001226"
form_type: "8-K"
ticker: "GURE"
cik: "0000885462"
company_name: "GULF RESOURCES, INC."
filed_at: "2022-08-30T23:59:59+00:00"
generated_at: "2026-06-23T19:53:07.832075+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gulf Resources projects Q3 bromine/crude salt revenue up 12-23%, profit up 20-37% YoY; full year profit up 64-76%

## Summary
- Q3 2022 revenue $20.0-21.8M (12.4-22.5% YoY increase); profit before tax $9.0-10.3M (20.0-37.3% increase).
- FY 2022 revenue $62.0-63.7M (12.7-15.8% YoY increase); profit before tax $20.0-21.5M (63.9-76.2% increase).
- 2023 outlook anticipates further growth aided by new factory #8 (+20% capacity), earlier Chinese New Year, and fewer COVID closures.
- Risks: potential government-ordered closures from mid-Dec 2022, soft Chinese economy, COVID/drought impacts, RMB/USD=6.8065 assumption.

## SEC filing metadata
- accession: 0001193805-22-001226
- form_type: 8-K
- ticker: GURE
- cik: 0000885462
- company_name: GULF RESOURCES, INC.
- filed_at: 2022-08-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885462/000119380522001226/0001193805-22-001226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885462/000119380522001226/e621903_8k-gulf.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193805-22-001226
- JSON: https://secwatch.observer/filing/0001193805-22-001226.json
- Plain text: https://secwatch.observer/filing/0001193805-22-001226.txt

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