Kuber Resources Corp (PK:KUBR)
Business Focus: Coffee & Tea
| Sector: Consumer Non-Cyclicals | Industry: Food Processing |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1113 Lippo Centre Tower 2, 89 Queensway SCOTTSDALE AZ 000-000 |
| Tel: | N/A |
| Website: | https://kuberresources.com |
| IR: | See website |
| Key People | ||
| Raymond Fu President, Chief Executive Officer, Treasurer, Company Secretary, Director | Yau Lam Chee Secretary, Director | |
| Business Overview |
| Kuber Resources Corp is engaged in trading, distribution, and consultancy company. The Company focuses on tea planting and sales, research, and development. The Company's business scope includes partnering with tea plantations for tea production, such as Dongguan Gongxiang Tea Food Company Ltd, and sales as well as agricultural tourism. Its production is focused primarily on pu-er tea. The Company's tea plantation partners offer a range of tea drinks. The main product being sold is Yunnan Chi Tse Beeng Cha, which is a type of pu-er tea. Its products are offered via its managed stores. The product is produced, packaged, and ready for consumption by its tea plantation partners in China. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Kuber Resources Corp revenues increased 44% to $2.2M. Net income increased 61% to $1.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Interest Income remaining flat at $0K. Basic Earnings per Share excluding Extraordinary Items remained flat at $0.01. |
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