Kuber Resources Corporation has reported its financial results for the third quarter and the nine months ended September 30, 2025, revealing a significant decline in revenue compared to the previous fiscal period. For the three months ended September 30, 2025, the company generated $775,247 in revenue, a decrease of 76.35% from $3,278,159 in the same period of 2024. For the nine months, total revenue was $10,270,540, down 4.1% from $10,708,435 year-over-year. The gross profit for the third quarter was $312,011, representing a gross margin of 40.25%, compared to 66.83% in the prior year. The decline in revenue and gross profit is attributed to reduced sales from formaldehyde treatment services and wood panel sales.
In terms of profitability, Kuber Resources reported a net income of $9,721 for the third quarter of 2025, a significant decrease from a net income of $536,731 in the same quarter of 2024. However, for the nine-month period, the company achieved a net income of $3,097,101, an increase from $1,493,682 in the previous year. This increase in net income for the nine-month period is primarily due to improved operational efficiencies and a reduction in operating expenses, which totaled $2,836,532 compared to $3,056,250 in the prior year.
The company has also made strategic moves, including the acquisition of Gongfa Materials (Guangdong) New Materials Technology Co., Limited, which was completed on January 14, 2025. This acquisition is expected to enhance Kuber's capabilities in manufacturing and distributing wood panels. Additionally, Kuber Resources disposed of its wholly-owned subsidiary, Asia Image, for approximately $500,760 in cash on September 25, 2024, which has been reflected in the financial statements.
Operationally, Kuber Resources has seen fluctuations in its asset management. As of September 30, 2025, total current assets increased to $15,937,195 from $11,505,173 at the end of 2024, driven by a rise in inventory levels to $4,070,377 from $1,487,709. However, cash and cash equivalents decreased to $38,654 from $155,861 during the same period. The company’s liabilities also saw a slight decrease, with total liabilities at $6,549,068 compared to $6,703,173 at the end of 2024.
Looking ahead, Kuber Resources aims to leverage its recent acquisitions and operational adjustments to stabilize and grow its revenue streams. The company is focused on enhancing its market position in the wood treatment and manufacturing sectors while managing its financial resources effectively. However, management has indicated that future financing may be necessary to support ongoing operations and growth initiatives, emphasizing the need for strategic partnerships and potential equity or debt financing.
About Kuber Resources Corp
Kuber Resources Corporation operates as a holding company with subsidiaries engaged in wood treatment, manufacturing, and trading. Its core activities include flame retardant wood panel treatment, production of engineered wood products, and international commodity trading. The company leverages patented technologies and e-distribution channels to serve markets in China and beyond, focusing on sustainable, innovative building materials and expanding its market share through acquisitions and strategic subsidiaries.
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