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Business Summary: Tungray Technologies Inc. is an engineer-to-order (ETO) company. The Company provides customized industrial manufacturing solutions to Original Equipment Manufacturers (OEMs) in the semiconductors, printers, electronics, and home appliances sectors. Its three business lines consist of customized industrial manufacturing solutions, direct drive and linear direct current (DC) motors and induction welding equipment manufacturing. Its Singapore subsidiaries provide research, development and assembling of solution prototypes, while the China subsidiary provides manufacturing support for necessary component production or delivers certain high-volume solution manufacturing purchases. Its subsidiaries, Qingdao Tungray Intelligent Co., Ltd and Qingdao Tongri Electric Machines Co., Ltd, engage in the design and manufacture of self-contained, high-frequency induction welding equipment. Its other subsidiary designs and manufactures industrial-grade direct drive and linear DC motors.
Financial Summary: BRIEF: For the six months ended 30 June 2025, Tungray Technologies Inc revenues increased 37% to $7.4M. Net income totaled $550K vs. loss of $814K. Revenues reflect Revenue - related party remaining flat at $0K. Net Income reflects General and administrative expenses decrease of 8% to $2.5M (expense), Other income, net increase of 19% to $205K (income). Basic Earnings per Share excluding Extraordinary Items increased from -$0.05 to $0.03.