Sino Green Land net loss narrows 23% to $1.39 million in year ended June 30, 2026; net revenues rise 6% to $1.42 million in year ended June 30, 2026

Bitget2026/09/28 21:01

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Sino Green Land posted a net loss of USD 1.39 million for the year ended June 30, 2026, narrowing 23%.
Net revenues rose 6% to USD 1.42 million, with the increase primarily attributed to foreign exchange translation effects.
Gross loss narrowed 48% to USD 650,810, while cost of revenues fell 20% to USD 2.07 million on lower average raw material input costs.
Operating expense increased 30% to USD 569,782, primarily on higher professional fees, audit and accounting costs, and merger integration and compliance spending.
Management flagged substantial doubt about going concern, citing a USD 4.48 million working capital deficit and USD 99,654 cash used in operating activities.

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. Sino Green Land Corp. 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: 0001493152-26-044625), on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sino Green Land net loss narrows 23% to $1.39 million in year ended June 30, 2026; net revenues rise 6% to $1.42 million in year ended June 30, 2026

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