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Fusion Fuel subsidiary Quality Industrial returns to profit

Fri, 15 May 2026 09:15:47 -0400

Fusion Fuel Green PLC (NASDAQ: HTOO) reported that its majority-owned subsidiary Quality Industrial Corp. (OTCID: QIND) returned to profitability in the first quarter of 2026, according to a press release statement.

QIND reported net income of $0.1 million for the three months ended March 31, 2026, compared to a net loss of $1.3 million in the same period of 2025. The company also achieved income from operations of $0.18 million versus a loss from operations of $0.95 million in the prior year quarter.

Revenue increased 1.4% year-over-year to $3.67 million from $3.62 million, driven by growth at QIND's 51%-owned subsidiary Al Shola

Fusion Fuel subsidiary Quality Industrial returns to profit

Fri, 15 May 2026 09:15:47 -0400

Revenue increased 1.4% year-over-year to $3.67 million from $3.62 million, driven by growth at QIND's 51%-owned subsidiary Al Shola

Fusion Fuel Highlights First Quarter 2026 Financial Results of Majority-Owned Subsidiary Quality Industrial Corp., Highlighted by Return to Profitability and Significant Operating Expense Reduction

Fri, 15 May 2026 09:15:00 -0400

QIND Achieves Positive Net Income and Operating Income While Reducing Operating Expenses by Approximately 56.6% Year-Over-Year

Al Shola Gas Awarded 16 New Engineering Subcontracts Subsequent to Quarter-End with Aggregate Expected Value of Approximately $1.14 Million

DUBLIN, Ireland, May 15, 2026 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (Nasdaq: HTOO) ("Fusion Fuel" or the "Company"), a leading provider of full-service energy engineering, advisory, and utility solutions , today highlighted certain financial results for the first quarter ended March 31, 2026, as reported by the Company’s majority-owned subsidiary, Quality Industrial Corp. (OTCID: QIND) (“QIND”), and

Fusion Fuel Highlights First Quarter 2026 Financial Results of Majority-Owned Subsidiary Quality Industrial Corp., Highlighted by Return to Profitability and Significant Operating Expense Reduction

Fri, 15 May 2026 09:15:00 -0400

QIND Achieves Positive Net Income and Operating Income While Reducing Operating Expenses by Approximately 56.6% Year-Over-Year

Al Shola Gas Awarded 16 New Engineering Subcontracts Subsequent to Quarter-End with Aggregate Expected Value of Approximately $1.14 Million

Fusion Fuel Highlights First Quarter 2026 Financial Results of Majority-Owned Subsidiary Quality Industrial Corp., Highlighted by Return to Profitability and Significant Operating Expense Reduction

Fri, 15 May 2026 09:15:00 -0400

QIND Achieves Positive Net Income and Operating Income While Reducing Operating Expenses by Approximately 56.6% Year-Over-Year

Al Shola Gas Awarded 16 New Engineering Subcontracts Subsequent to Quarter-End with Aggregate Expected Value of Approximately $1.14 Million

Fusion Fuel Highlights First Quarter 2026 Financial Results of Majority-Owned Subsidiary Quality Industrial Corp., Highlighted by Return to Profitability and Significant Operating Expense Reduction

Fri, 15 May 2026 09:15:00 -0400

QIND Achieves Positive Net Income and Operating Income While Reducing Operating Expenses by Approximately 56.6% Year-Over-Year

Al Shola Gas Awarded 16 New Engineering Subcontracts Subsequent to Quarter-End with Aggregate Expected Value of Approximately $1.14 Million

Fusion Fuel Highlights First Quarter 2026 Financial Results of Majority-Owned Subsidiary Quality Industrial Corp., Highlighted by Return to Profitability and Significant Operating Expense Reduction

Fri, 15 May 2026 09:15:00 -0400

QIND Achieves Positive Net Income and Operating Income While Reducing Operating Expenses by Approximately 56.6% Year-Over-Year

Al Shola Gas Awarded 16 New Engineering Subcontracts Subsequent to Quarter-End with Aggregate Expected Value of Approximately $1.14 Million

Fusion Fuel Highlights First Quarter 2026 Financial Results of Majority-Owned Subsidiary Quality Industrial Corp., Highlighted by Return to Profitability and Significant Operating Expense Reduction

Fri, 15 May 2026 09:15:00 -0400

QIND Achieves Positive Net Income and Operating Income While Reducing Operating Expenses by Approximately 56.6% Year-Over-Year

Al Shola Gas Awarded 16 New Engineering Subcontracts Subsequent to Quarter-End with Aggregate Expected Value of Approximately $1.14 Million

Fusion Fuel Highlights First Quarter 2026 Financial Results of Majority-Owned Subsidiary Quality Industrial Corp., Highlighted by Return to Profitability and Significant Operating Expense Reduction

Fri, 15 May 2026 09:15:00 -0400

QIND Achieves Positive Net Income and Operating Income While Reducing Operating Expenses by Approximately 56.6% Year-Over-Year

Al Shola Gas Awarded 16 New Engineering Subcontracts Subsequent to Quarter-End with Aggregate Expected Value of Approximately $1.14 Million

Fusion Fuel Highlights First Quarter 2026 Financial Results of Majority-Owned Subsidiary Quality Industrial Corp., Highlighted by Return to Profitability and Significant Operating Expense Reduction

Fri, 15 May 2026 09:15:00 -0400

QIND Achieves Positive Net Income and Operating Income While Reducing Operating Expenses by Approximately 56.6% Year-Over-Year

Al Shola Gas Awarded 16 New Engineering Subcontracts Subsequent to Quarter-End with Aggregate Expected Value of Approximately $1.14 Million

Form 10-Q Quality Industrial Corp. For: Mar 31

Fri, 15 May 2026 09:01:00 -0400

si-local-file:///var/storage/secattach/20260515/26500492.html

Form 10-Q Quality Industrial Corp. For: Mar 31

Fri, 15 May 2026 09:01:00 -0400

si-local-file:///var/storage/secattach/20260515/26500492.html

Quality Industrial Corp appoints Carsten Kjems Falk as CEO

Thu, 23 Apr 2026 08:01:46 -0400

Quality Industrial Corp. (OTCID: QIND) appointed Carsten Kjems Falk as Chief Executive Officer, the company announced. Falk will continue serving as Chief Financial Officer and director of the San Francisco-based industrial and energy company that provides solutions for the liquefied petroleum gas industry.

The appointment follows the resignation of John-Paul Backwell as CEO for personal and health reasons. Backwell will remain as a company director.

Falk has served as interim CFO and director since August 2025. He currently holds the position of Head of M&A at Fusion Fuel Green PLC (NASDAQ: HTOO) since June 2025. From October 2022 to August 2025, Falk

Quality Industrial Corp appoints Carsten Kjems Falk as CEO

Thu, 23 Apr 2026 08:01:46 -0400

The appointment follows the resignation of John-Paul Backwell as CEO for personal and health reasons. Backwell will remain as a company director.

Quality Industrial Corp appoints Carsten Kjems Falk as CEO

Thu, 23 Apr 2026 08:01:46 -0400

The appointment follows the resignation of John-Paul Backwell as CEO for personal and health reasons. Backwell will remain as a company director.

Quality Industrial Corp appoints Carsten Kjems Falk as CEO

Thu, 23 Apr 2026 08:01:46 -0400

The appointment follows the resignation of John-Paul Backwell as CEO for personal and health reasons. Backwell will remain as a company director.

Quality Industrial Corp. Announces CEO Transition