Rubber Leaf swings to Q1 FY26 profit of $244,062; revenue rises to $3.26 million
RUBBER LEAF INC
RUBBER LEAF INC RLEA | 0.00 |
- Rubber Leaf reported Q1 net income of USD 244,062, returning to profit from a net loss of USD 345,336 a year earlier.
- Revenue rose to USD 3.26 million from no revenue, with sales coming entirely from related parties.
- Operating income was USD 223,158 versus an operating loss of USD 79,851, while interest expense was USD 20,904.
- General and administrative expense fell 22% to USD 62,187, attributed to lower professional service fees tied mainly to legal costs for a Nasdaq uplisting application.
- Operations shifted to Hong Kong unit Rubber Leaf Limited as primary operating entity following disposal of former PRC subsidiary RLSP, which was classified as discontinued operations.
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. Rubber Leaf Inc. 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: 0001493152-26-023097), on May 14, 2026, and is solely responsible for the information contained therein.
