WeTouch forecasts FY2026 revenue about $65 million, up about 40%

Bitget2026/09/21 16:33

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Wetouch issued fiscal 2026 guidance, projecting revenue of USD 65 million, up about 40% from fiscal 2025.
Net income forecast at about USD 11.7 million, up about 60%, implying an expected net margin of about 18%.
First-half results showed revenue of USD 30.3 million, up 9.4% year over year, with net income of USD 6 million, up 25.5%.
Outlook assumes a stronger second half on customer orders, delivery schedules, channel expansion, product mix improvement, robotics-related demand.
Priorities include expansion into robotics-related businesses while pursuing long-term shareholder value initiatives.

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. Wetouch Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609210930PRIMZONEFULLFEED9830306) on September 21, 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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WeTouch forecasts FY2026 revenue about $65 million, up about 40%

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