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Gulf Resources Inc (GURE.OQ)

GURE.OQ on NASDAQ Stock Exchange Global Select Market

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25 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Gulf resources reports merger of Yuxin and Rongyuan
Tuesday, 30 Aug 2016 08:00am EDT 

Gulf Resources Inc : Gulf resources announces the merger of Yuxin chemical and Rongyuan chemical . Under terms of agreement, Yuxin will acquire Rongyuan. . Gulf Resources Inc says under terms of agreement, Yuxin will acquire Rongyuan .Gulf Resources Inc says after merger is completed, during q3 of 2016, Yuxin will be surviving division.  Full Article

Gulf Resources Inc - "We believe we will begin production on first well in October or November"
Wednesday, 10 Aug 2016 04:45pm EDT 

Gulf Resources Inc : Gulf Resources reports second quarter 2016 financial results . Q2 earnings per share $0.28 . Q2 revenue fell 4 percent to $47.6 million . "We are looking for various strategies for reducing our cost structure in chemical segment" ."We believe we will begin production on first well in October or November".  Full Article

Gulf Resources announces sales and earnings guidance for 2016
Wednesday, 18 May 2016 08:00am EDT 

Gulf Resources Inc : Gulf Resources announces sales and earnings guidance for 2016 . For year 2016, Gulf Resources Projects annual revenue from $160-$170 million . 2016 net income is projected to be between $35-36 million, compared to $34.1 million in 2015 . Sees 2016 fully diluted EPS should equal or somewhat exceed $0.74 reported in 2015 . For Q2, revenues should be between $49-$50 million . Sees Q2 net income should be between $10-$11 million, as compared to $10.8 million in Q2 of 2015 .Sees Q2 EPS should be between $0.21-$0.24, compared to $0.23 in Q2 of 2015.  Full Article

Gulf Resources Q1 earnings per share $0.14
Wednesday, 11 May 2016 04:30pm EDT 

Gulf Resources Inc : Utilization ratio decreased by 2% for three-month period ended march 31, 2016 . "do not know how Chinese economy will fare during remainder of 2016" . Gulf Resources reports first quarter 2016 financial results . Q1 earnings per share $0.14 .Q1 revenue fell 1 percent to $34.5 million.  Full Article

Gulf Resources Inc reaffirms FY 2015 earnings guidance
Monday, 27 Jul 2015 08:30am EDT 

Gulf Resources Inc:Says that it continue to believe that the company can achieve its original earnings guidance of between $33 and $34 million, ($0.71 to $0.75 per share) for FY 2015.  Full Article

More From Around the Web

BRIEF-Gulf resources announces the merger completion of Yuxin Chemical and Rongyuan Chemical

* Gulf resources announces the merger completion of Yuxin Chemical and Rongyuan Chemical Source text for Eikon: Further company coverage:

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