Kingold Jewelry (KGJI) Reports Q4 EPS of $0.09

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Go back to Kingold Jewelry (KGJI) Reports Q4 EPS of $0.09

Kingold Jewelry Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2015

March 28, 2016 4:06 PM EDT

WUHAN CITY, China, March 28, 2016 /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 financial results for the fourth quarter and year ended December 31, 2015. 

2015 Financial and Operating Highlights (all results are compared to prior year period)

Net sales were $1,000.2 million compared to $1,107.6 million; the decline was due to the decrease in total sales volume, decrease in the average unit... More