Gulf Resources (GURE) Reports Q4 EPS of $0.07

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Gulf Resources Reports Fourth Quarter and Fiscal Year 2014 Financial Results

March 13, 2015 4:30 PM EDT

SHOUGUANG, China, March 13, 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 fourth quarter and fiscal year ended December 31, 2014.

Fiscal Year 2014 Highlights

Revenue was $113.7 million, a year-over-year decrease of 4% Gross profit was $31.9 million, a decrease of 7% Gross margin was 28%, compared to 29% in 2013 Net income was $17.9 million, or $0.46 per basic and diluted share from $21.0 million, or $0.55 per basic and $0.54 per... More

Gulf Resources Reports Fourth Quarter and Fiscal Year 2014 Financial Results

March 13, 2015 4:30 PM EDT

SHOUGUANG, China, March 13, 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 fourth quarter and fiscal year ended December 31, 2014.

Fiscal Year 2014 Highlights

Revenue was $113.7 million, a year-over-year decrease of 4% Gross profit was $31.9 million, a decrease of 7% Gross margin was 28%, compared to 29% in 2013 Net income was $17.9 million, or $0.46 per basic and diluted share from $21.0 million, or $0.55 per basic and $0.54 per... More