SOS Ltd
For the period ended Jun 30, 2026. Filed Oct 7, 2026.
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Jun 30, 2026 · Filed Oct 7, 2026
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Contents
EX-99.2 · Commodities Trading
Commodities Trading
Since April 2021, we launched our commodities trading business via our subsidiaries including SOS International Trading Co. Ltd. and Weigou International Trading, and we trade commodities including but not limited to mineral resin, soybean, wheat, sesame, liquid sulfur, petrol coke and latex. The Company’s gross profit represents the difference between the gross selling price to customers and the cost of commodities purchased from suppliers. Because the Company acts as principal, the gross selling price is presented as revenue and the supplier cost is presented as operating costs. Revenue is recognized after products have been delivered and title to the goods and risk has been transferred from a seller to a buyer.
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