Tianci International Q1 net loss $268,874; revenue +28% on mineral ore debut

Tianci International, Inc.

Net loss of $268,874 for quarter ended Oct 31, 2025, up 192% from prior year.
Revenue rose 28% to include $505,465 from initial mineral ore sales; logistics revenue up 16.5%.
Logistics gross margin fell to 4.17% from 6.12% due to tariff concerns and higher shipping costs.
Cash used of $727K, mainly $582K for mineral ore inventory; working capital $2.64M.
Company plans to pivot to long-distance shipping and global commodity trade for higher margins.

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