Kingold Jewelry (KGJI) Reports Q3 EPS of $0.13

Go back to Kingold Jewelry (KGJI) Reports Q3 EPS of $0.13

Kingold Jewelry Reports Financial Results For the Third Quarter Ended September 30, 2015

November 16, 2015 4:05 PM EST

WUHAN CITY, China, Nov. 16, 2015 /PRNewswire/ -- Kingold Jewelry, Inc. ("Kingold" or "the Company") (NASDAQ: KGJI), one of China's leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products, today announced its unaudited financial results for the third quarter ended September 30, 2015.  

2015 THIRD QUARTER FINANCIAL HIGHLIGHTS (ALL RESULTS ARE COMPARED TO PRIOR YEAR PERIOD)

Net sales were $263.8 million, an increase of $12.8 million, or 5.1%, compared to $251.0 million. The increase in net sales was primarily due to increased sales volume in the... More