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Fusion Fuel subsidiary Quality Industrial swings to Q1 profit, posts $0.1 million net income
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Fusion Fuel subsidiary Quality Industrial swings to Q1 profit, posts $0.1 million net income
  • Quality Industrial (QIND), majority-owned subsidiary of Fusion Fuel Green, posted Q1 2026 net income of USD 0.1 million, swinging from net loss of USD 1.3 million a year earlier.
  • Revenue rose to USD 3.67 million from USD 3.62 million, helped by higher revenue at 51%-owned unit Al Shola Gas; gross profit increased to USD 1 million from USD 0.96 million.
  • Total operating expenses fell to USD 0.8 million from USD 1.9 million, down 56.6%.
  • Operating income was USD 0.18 million versus operating loss of USD 0.95 million.
  • Al Shola Gas won 16 LPG engineering subcontracts after quarter-end with expected aggregate value of about USD 1.14 million.


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. Fusion Fuel Green plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023409), on May 15, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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