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

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

Kingold Jewelry Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2018

August 9, 2018 4:09 PM EDT

WUHAN CITY, China, Aug. 9, 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 unaudited financial results for the second quarter and six months ended June 30, 2018.

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

Net sales were $678.8 million, an increase of 42.6% from $475.9 million Processed a total of 27.6 metric tons of 24-karat gold products, increased by 6.0% from 26 metric tons... More