China Foods net loss narrows to $61,597 in Q1 FY26; revenue more than doubled to $253
CHINA FOODS HOLDINGS LTD CFOO | 0.00 |
- China Foods Holdings posted a net loss of USD 61,597 for quarter ended March 31, 2026, narrowing from USD 103,555 a year earlier.
- Revenue rose to USD 253 from USD 41 in the prior-year quarter, driven by higher wine product sales.
- Gross profit climbed to USD 229 from USD 25, lifting gross margin by 30 percentage points to 91%.
- Operating expenses fell to USD 61,827 from USD 103,766 on effective cost control by management.
- Cash and cash equivalents totaled USD 9,806 at March 31, 2026, versus USD 9,893 at Dec. 31, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Foods Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023674), on May 15, 2026, and is solely responsible for the information contained therein.
