Kingold Jewelry (KGJI) Reports Q2 EPS of $0.20 on Revenues of $678.8M

Kingold Jewelry (NASDAQ: KGJI) reported Q2 EPS of $0.20. Revenue for the quarter came in at $678.8 million.

Mr. Zhihong Jia, Chairman and CEO of the Company, commented, "We were pleased to deliver strong operating results in the second quarter of 2018 and continue to benefit from our gold investment which enabled us to further expand our production capacity and design capabilities. During the quarter, we have witnessed a strong growing demand for 24-karat gold jewelry and investment products in China, and our management quickly adjusted the product mix in response to market demand with additional trendy design jewelry products and value preserving investment gold products. We are dedicated to building the Kingold brand as an increasingly important participant in the gold industry in China, while quickly responding to market changes and adjusting operational strategies."

For earnings history and earnings-related data on Kingold Jewelry (KGJI) click here.

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