Wetouch Technology Q1 GAAP EPS of $0.32, Revenue of $16.3m

Wetouch Technology press release (WETH): Q1 GAAP EPS of $0.32. - Revenue of $16.3M (+6.5% Y/Y). - Net income rose 50% YoY to $3.9M from $2.6M - Cash and cash equivalents stood at $120.5M vs. $118.4M at FY25-end. - The new Chengdu production facility is expected to be completed...

Wetouch Technology press release (WETH): Q1 GAAP EPS of $0.32. – Revenue of $16.3M (+6.5% Y/Y). – Net income rose 50% YoY to $3.9M from $2.6M – Cash and cash equivalents stood at $120.5M vs. $118.4M at FY25-end. – The new Chengdu production facility is expected to be completed…

1H27, with production starting by end-2027

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