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Southgobi Resources Ltd

1878.HK

Latest Trade

1.31HKD

Change

-0.04(-2.96%)

Volume

55,000

Today's Range

1.30

 - 

1.35

52 Week Range

0.75

 - 

2.31

As of on the Hong Kong Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

SouthGobi Resources Announces Q3 2021 Financial And Operating Results

Nov 12 (Reuters) - SouthGobi Resources Ltd <SGQ.TO>::SOUTHGOBI RESOURCES ANNOUNCES THIRD QUARTER 2021 FINANCIAL AND OPERATING RESULTS.SOUTHGOBI RESOURCES LTD - REVENUE WAS $9.3 MILLION IN Q3 OF 2021 COMPARED TO $31.0 MILLION IN Q3 OF 2020.SOUTHGOBI RESOURCES LTD - QTRLY LOSS PER SHARE $0.03.SOUTHGOBI RESOURCES LTD - FINANCIAL RESULTS FOR Q3 2021 WERE IMPACTED BY DECREASED SALES RESULTING FROM EXPORT VOLUME LIMITATIONS EXPERIENCED BY CO.

Southgobi Resources Says Coal Exports Into China Suspended

Nov 2 (Reuters) - SouthGobi Resources Ltd <SGQ.TO>::COAL EXPORTS INTO CHINA SUSPENDED AFTER RECENT INCREASE OF COVID-19 CASES IN EJINAQI.ANTICIPATES TEMPORARY CLOSURE OF CEKE PORT OF ENTRY WILL HAVE ADVERSE IMPACT ON CO'S SALES & CASH FLOWS.MANAGEMENT HAS DECIDED TO TEMPORARILY SUSPEND MAJOR MINING OPERATIONS (INCLUDING COAL MINING) FROM NOV, 2021.SEES EXISTING COAL INVENTORIES ARE SUFFICIENT TO SATISFY EXPECTED SALES DEMAND FOR AT LEAST 4 MONTHS.Further company coverage: SGQ.TO. (Reuters.Briefs@thomsonreuters.com).

Southgobi Resources Sees Net Loss Between $7 Mln & $11 Mln For Qtr

Oct 27 (Reuters) - SouthGobi Resources Ltd <SGQ.TO>::SEES NET LOSS BETWEEN USD7 MILLION AND USD11 MILLION FOR QUARTER.EXPECTED RESULT DUE TO CONTINUED IMPACT OF COVID-19, INCLUDING, RESTRICTIONS ON NUMBER OF TRUCKS OF COAL CROSSING BORDER.Further company coverage: SGQ.TO. ((Reuters.Briefs@thomsonreuters.com;)).

Southgobi Announces Profit Warning And Business Update

Oct 26 (Reuters) - SouthGobi Resources Ltd <SGQ.TO>::SOUTHGOBI ANNOUNCES PROFIT WARNING AND BUSINESS UPDATE.EXPECTED THAT COMPANY WOULD RECORD A NET LOSS BETWEEN USD 7 MILLION AND USD11 MILLION FOR QUARTER ENDED 30 SEPTEMBER 2021.EXPECTED NET LOSS IS PRIMARILY ATTRIBUTABLE TO CONTINUED IMPACT CAUSED BY COVID-19 PANDEMIC.COMPANY IS STILL PREPARING AND FINALIZING ITS QUARTERLY RESULTS FOR QUARTER ENDED 30 SEPTEMBER 2021.COMPANY'S COAL EXPORTS INTO CHINA HAVE BEEN SUSPENDED.SOUTHGOBI- EXPECTED NET LOSS PRIMARILY DUE TO, RESTRICTIONS ON NUMBER OF TRUCKS OF COAL CROSSING BORDER AT CEKE PORT OF ENTRY DURING Q3.STATUS OF BORDER CLOSURE AND WILL MAKE FURTHER ANNOUNCEMENT(S) AS AND WHEN APPROPRIATE.ANTICIPATES TEMPORARY CLOSURE OF CEKE PORT OF ENTRY WILL HAVE AN ADVERSE IMPACT ON COMPANY'S SALES AND CASH FLOW..

SouthGobi Resources Announces Q2 Results

Aug 13 (Reuters) - SouthGobi Resources Ltd <SGQ.TO>::SOUTHGOBI RESOURCES LTD QTRLY REVENUE $5.19 MILLION VERSUS $14.98 MILLION.SOUTHGOBI RESOURCES LTD QTRLY LOSS PER SHARE $0.03.SOUTHGOBI RESOURCES - SEVERAL ADVERSE CONDITIONS, MATERIAL UNCERTAINTIES RELATING TO CO CAST SIGNIFICANT DOUBT UPON GOING CONCERN ASSUMPTION.SOUTHGOBI RESOURCES - GOING CONCERN ASSUMPTION INCLUDES DEFICIENCIES IN ASSETS AND WORKING CAPITAL.

Southgobi Resources Announces Precautionary Measures Imposed By Chinese Authorities At Ceke Port

June 7 (Reuters) - SouthGobi Resources Ltd <SGQ.TO>1878.HK::PRECAUTIONARY MEASURES IMPOSED BY CHINESE AUTHORITIES AT CEKE PORT OF ENTRY DUE TO COVID-19 RESURGENCE IN MONGOLIA.SEES ADVERSE EFFECT ON VOLUME OF COAL EXPORTS FROM MONGOLIA & MAY NEGATIVELY IMPACT SALES & CASH FLOW OF CO.THERE CAN BE NO GUARANTEE THAT CO WILL BE ABLE TO CONTINUE EXPORTING COAL TO CHINA.OPERATING RESULTS OF COMPANY FOR Q2 OF 2021 MAY BE ADVERSELY AFFECTED.Further company coverage: SGQ.TO1878.HK. ((Reuters.Briefs@thomsonreuters.com;)).

SouthGobi Resources Expects Qtrly Net Profit Between US$10 Mln-US$14 Mln

May 6 (Reuters) - SouthGobi Resources Ltd <SGQ.TO>::SEES NET PROFIT BETWEEN USD 10 MILLION AND USD 14 MILLION FOR QUARTER.EXPECTED RESULT DUE TO INCREASE IN COAL PRICES AND COAL SALES VOLUME DURING Q1 OF 2021.

Southgobi Resources Qtrly Loss Per Share $0.01

March 30 (Reuters) - SouthGobi Resources Ltd <SGQ.TO>::SOUTHGOBI RESOURCES ANNOUNCES FOURTH QUARTER AND FULL YEAR 2020 FINANCIAL AND OPERATING RESULTS.SOUTHGOBI RESOURCES LTD - MONGOLIA-CHINA BORDER CLOSURE HAD AN ADVERSE IMPACT ON COMPANY'S SALES AND CASH FLOWS IN FIRST AND Q2 OF 2020.SOUTHGOBI RESOURCES LTD - SEVERAL ADVERSE CONDITIONS AND MATERIAL UNCERTAINTIES RELATING TO CO CAST SIGNIFICANT DOUBT UPON GOING CONCERN ASSUMPTION.SOUTHGOBI RESOURCES LTD - REVENUE WAS $33.9 MILLION IN Q4 OF 2020 COMPARED TO $32.1 MILLION IN Q4 OF 2019.SOUTHGOBI RESOURCES LTD - QTRLY LOSS PER SHARE $0.01.

SouthGobi Resources Posts FY Net Loss Attributable Of $20.1 Mln

March 30 (Reuters) - SouthGobi Resources Ltd <SGQ.TO>::FY NET LOSS ATTRIBUTABLE $20.1 MILLION VERSUS PROFIT $4.2 MILLION.FY REVENUE $86.0 MILLION VERSUS $129.7 MILLION.REMAINS CAUTIOUSLY OPTIMISTIC REGARDING CHINESE COAL MARKET.COAL SUPPLY AND COAL IMPORT IN CHINA EXPECTED TO BE LIMITED DUE TO INCREASINGLY STRINGENT REQUIREMENTS.EXPECTS TO CONTINUE TO BE NEGATIVELY IMPACTED BY COVID-19 FOR FORESEEABLE FUTURE, SEES ADVERSE EFFECT ON SALES, PRODUCTION.

SouthGobi Resources Expects FY Net Loss Between US$19 Mln-US$24 Mln

March 3 (Reuters) - SouthGobi Resources Ltd <SGQ.TO>::SEES NET LOSS BETWEEN USD 19 MILLION AND USD 24 MILLION FOR YEAR.EXPECTED RESULT DUE MONGOLIAN-CHINESE BORDER CLOSURE DURING FEB TO MARCH 2020 BECAUSE OF COVID-19 PANDEMIC.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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