Planet Green Holdings Corp. (PLAG) Form 10-Q — May 15, 2026
Planet Green Holdings Corp. (PLAG) reported a significant operational turnaround for the first quarter of 2026, posting net income of $502,855 compared to a net loss of $796,902 in the same period last year. This improvement was driven by a 657% year-over-year revenue surge to $6.36 million, primarily attributable to the acquisition of Hubei Shengsili Biotechnology and expanded tea product distribution channels. Despite the positive quarterly results, the company faces severe structural financial risks.
Key figures
- Eps
- 0.04
- Revenue
- 6357593
- Net Income
- 502855
- Revenue Yoy
- 657%
- Cash Position
- 5470815
- Promotion cost
- 4385290
- Impairment charge
- 132127
- Accumulated deficit
- 174717437
- Operating cash flow
- 4580433
- Working capital deficit
- 4897804
Price after filing
Close on the filing date to close N calendar days later (from $1.73). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.