Gulf Resources (GURE) Reports Q3 EPS of $0.86

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Go back to Gulf Resources (GURE) Reports Q3 EPS of $0.86

Gulf Resources (NASDAQ:GURE) today announced results for the 3rd Quarter and 9 months ended September 30, 2022

November 14, 2022 4:50 PM EST

SHOUGUANG, China, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq: GURE) ("Gulf Resources", we, or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced unaudited financial results for the three and nine months ended September 30, 2022.

Financial Highlights

For the three-month period ending September 30,2022

Revenues increased 29% to $22,862,795 compared to the same period of 2021.Income from operations increased 68% to $11,942,592 compared to the same period of 2021.Profits before taxes increased 68% to $11,978,347.Net income increased 66% to $8,967,380.Earnings per share increased... More