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RSS FeedsGulf Resources Reports Second Quarter 2016 Financial Results
(WorldNews Asia)


13 august 2017 07:08:40

Gulf Resources Reports Second Quarter 2016 Financial Results
(WorldNews Asia)

SHOUGUANG, China, Aug. 10, 2016 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq:GURE) (`Gulf Resources` or the `Company`), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced its financial results for the second quarter ended June 30, 2016. For the three months ended June 30, 2016: Income from operations increased 19% Net income increased 22% Basic and Diluted Earnings Per Share increased 26%, and 22% respectively. Cash of $146,273,240 ($3.16 per share*) Net net cash equaled $131,273,707 ($2.84 per share*) Working capital was $202,785,091 ($4.38 per share*) Shareholders equity totaled $349,919,946 ($7.56 per share*) For the six months...
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