Wetouch Technology GAAP Basic EPS of $0.40, revenue of $27.7M

Published 1 month ago Neutral
Wetouch Technology GAAP Basic EPS of $0.40, revenue of $27.7M
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* Wetouch Technology press release [https://seekingalpha.com/pr/20260896-wetouch-technology-inc-reports-first-half-fiscal-year-2025-financial-results-net-income-up] (NASDAQ:WETH [https://seekingalpha.com/symbol/WETH]): 1H GAAP Basic EPS of $0.40.
* Revenue of $27.7M (+2.2% Y/Y).

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Market Expansion and Strategic Outlook

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China Market: Unit sales grew 14.5% year-over-year, with notable strength in East and South China.

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Overseas Market: Revenue declined 9.1% year-over-year, though customer structure in Europe and South Korea improved, laying groundwork for recovery.

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Strategic Priorities: Continued investment in curved and ultra-large-size touchscreen technologies; expansion into automotive electronics, professional gaming, and commercial display applications.

MORE ON WETOUCH TECHNOLOGY

* Wetouch Technology receives Nasdaq notification regarding delinquent periodic reports [https://seekingalpha.com/news/4489348-wetouch-technology-receives-nasdaq-notification-regarding-delinquent-periodic-reports]
* Financial information for Wetouch Technology [https://seekingalpha.com/symbol/WETH/income-statement]