CUSTOMER CONCENTRATION |
3 Months Ended |
|---|---|
Mar. 31, 2025 | |
| Risks and Uncertainties [Abstract] | |
| CUSTOMER CONCENTRATION | NOTE 18 – CUSTOMER CONCENTRATION
During the three-month period ended March 31, 2025, the Company sold 62.4% of its products to its top five customers. As of March 31, 2025, amounts due from these customers were $1,462,756.
During the three-month period ended March 31, 2024, the Company sold 55% of its products to its top five customers. As of March 31, 2024, amounts due from these customers were $2,803,534.
GULF RESOURCES, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS MARCH 31, 2025 (Expressed in U.S. dollars) (UNAUDITED)
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