Quality Industrial Corp (OTC: QIND) is a Dubai-based industrial services company that designs, supplies, constructs, operates, and maintains liquefied petroleum gas (LPG) systems and infrastructure. Revenue is generated through project-based contracts covering LPG system design and installation, supply of LPG in cylinder and bulk formats, and ongoing repair and preventive maintenance services. The company operates through its subsidiary Al Shola Al Modea Gas Distribution L.L.C., holding Dubai Civil Defense certification for central gas system work. As of the 10-K filed March 31, 2026, QIND maintains office and warehouse space across Dubai, UAE, including facilities in Al Qusais Industrial Area 2 and Dubai Industrial City. The company also entered into a Stock Purchase Agreement with Fusion Fuel Green PLC (dated August 1, 2025), signaling a potential expansion into green energy. QIND carries a material convertible note debt load, has never paid a cash dividend, and has reported net losses attributable to stockholders in both FY2025 and FY2024.

Revenue model

Project-based and service contract revenue from LPG system design, supply, installation, and commissioning; recurring revenue from repair, preventive maintenance, and billing and monitoring services; and direct LPG product sales in cylinder and bulk formats.

Products and services

Central LPG gas systems (design, supply, construction, operation, maintenance); LPG supply in cylinders and bulk; aboveground and underground LPG tank installation; pipeline and instrumentation components; pressure-reducing and distribution stations; gas leak detection systems; LPG metering stations; vaporizer systems; deluge and sprinkler systems; gas safety systems; design consultancy and project management.

Customers and end markets

Commercial and industrial end markets in Dubai, UAE requiring LPG infrastructure. Dubai Civil Defense certification indicates customers include regulated building and facility operators. Specific customer names and concentration data are not disclosed in the filing excerpts.

Value-chain role

Vertically integrated LPG infrastructure provider: designs, supplies, installs, and maintains gas systems, and also distributes LPG product directly. Manufactures certain parts and components internally while sourcing raw materials and components from third-party suppliers.

Geographic exposure

Operations concentrated in Dubai, UAE. Office space at Zabeel Road and Al Qusais Industrial Area 2; warehouse and storage facilities in Al Qusais Industrial Area 2 and Dubai Industrial City. All leases as of the 10-K filed March 31, 2026 are Dubai-based.

Source: SEC 10-K, filed 2026-03-31

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