---
schema_version: "secwatch.filing_event.v1"
accession: "0001193805-22-001536"
form_type: "8-K"
ticker: "GURE"
cik: "0000885462"
company_name: "GULF RESOURCES, INC."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:53:48.285228+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gulf Resources Q3 revenue up 29% to $22.9M, EPS $0.86; guides Q4 bromine/crude salt rev $15.4-16.8M

## Summary
- Q3 net income $8.97M (+66% YoY); EPS $0.86 vs $0.52; 9-month EPS $1.22 vs $0.02.
- Bromine revenue +33% to $19.8M on 26% higher avg price ($7,474/tonne vs $5,938).
- Factory #8 preparing for production; revenues expected in Q4; factories #2/#10 status uncertain.
- Q4 bromine/crude salt guidance: rev $15.4-16.8M, profit before tax $3.8-4.2M, both down 16-26%.
- Chemical factory opening delayed to early 2024 due to COVID supply chain disruptions.

## SEC filing metadata
- accession: 0001193805-22-001536
- form_type: 8-K
- ticker: GURE
- cik: 0000885462
- company_name: GULF RESOURCES, INC.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/885462/000119380522001536/0001193805-22-001536-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885462/000119380522001536/e618017_8k-gulf.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193805-22-001536
- JSON: https://secwatch.observer/filing/0001193805-22-001536.json
- Plain text: https://secwatch.observer/filing/0001193805-22-001536.txt

## Key facts
- Earnings Releases
  GULF RESOURCES, INC. reported the nine-month period ending September 30,2022 results: revenue $47,505,246, net income $12,749,228, EPS $1.22.
  - Period: the nine-month period ending September 30,2022
  - Revenue: $47,505,246
  - Net income: $12,749,228
  - EPS: $1.22
  - Result: reported results
  source text: For the nine-month period ending September 30,2022 · Revenues increased 39% to $47,505,246. · Income from operations increased 1085% to $16,986,668 from $1,433,742. · Net income increased 6672% to $12,749,228 from $188,271 · Earnings per share increased 6000% to $1.22 from $0.02
  evidence_url: https://www.sec.gov/Archives/edgar/data/885462/000119380522001536/0001193805-22-001536-index.htm
- Earnings Releases
  GULF RESOURCES, INC. reported the three-month period ending September 30,2022 results: revenue $22,862,795, net income $8,967,380, EPS $0.86.
  - Period: the three-month period ending September 30,2022
  - Revenue: $22,862,795
  - Net income: $8,967,380
  - EPS: $0.86
  - Result: reported results
  source text: For the three-month period ending September 30,2022 · Revenues increased 29% to $22,862,795 compared to the same period of 2021. · Income from operations increased 68% to $11,942,592 compared to the same period of 2021. · Profits before taxes increased 68% to $11,978,347. · Net income increased 66% to $8,967,380. · Earnings per share increased 65% to $0.86.
  evidence_url: https://www.sec.gov/Archives/edgar/data/885462/000119380522001536/0001193805-22-001536-index.htm

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