Gulf Resources (GURE) Reports Q1 EPS of $0.12
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Gulf Resources Reports First Quarter 2015 Financial Results
May 15, 2015 4:15 PM EDTSHOUGUANG, China, May 15, 2015 (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 first quarter ended March 31, 2015.
First Quarter 2015 Highlights
Net revenue was $34.91 million, a year-over-year increase of 36%. Gross profit was $9.4 million, a year-over-year increase of 38%. Gross margin was 27%,as compared to 27% for the first quarter of 2014. Income from operations was $7.1 million, as compared to $5.6 million in the first quarter of 2014, a... MoreGulf Resources Reports First Quarter 2015 Financial Results
May 15, 2015 4:15 PM EDTSHOUGUANG, China, May 15, 2015 (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 first quarter ended March 31, 2015.
First Quarter 2015 Highlights
Net revenue was $34.91 million, a year-over-year increase of 36%. Gross profit was $9.4 million, a year-over-year increase of 38%. Gross margin was 27%,as compared to 27% for the first quarter of 2014. Income from operations was $7.1 million, as compared to $5.6 million in the first quarter of 2014, a... More