Kingold Jewelry (KGJI) Reports Q1 EPS of $0.20

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Kingold Jewelry Reports Financial Results For The First Quarter 2018

May 10, 2018 4:06 PM EDT

Company to Hold Conference Call with Accompanying Slide Presentation at 8:30 a.m. ET on May 11, 2018

WUHAN CITY, China, May 10, 2018 /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 first quarter ended March 31, 2018.

2018 First Quarter Financial Highlights (all results compared to prior year period)

Net sales were $539.5 million, an increase of 85% from $292.3 million. Processed... More