GURE - Earnings announcements

SHOUGUANG, China, Nov. 19, 2024 (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 its unaudited financial results for the nine and three months ended September 30, 2024. Three Months ended September 30, 2024: Revenues for the third quarter were $2,242,365, a decline of 61.8% compared to the same period of 2023.The net loss was $3,492,883, and the basic and diluted loss was $0.33 per share.During the third quarter, bromine revenues declined by 68% to $1,571,313 and crude salt revenues declined by 26% to $654,039.Bromine operation loss

SHOUGUANG, China, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (NASDAQ:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will host a conference call on Wednesday, November 20, 2024 at 08:00 AM Eastern Time to discuss its Third Quarter 2024 results ended September 30, 2024. Mr. Xiaobin Liu, CEO of Gulf Resources, will be hosting the call. The Company management team will be available for investor questions following the prepared remarks. To participate in this live conference call, please dial Toll Free +1 (888) 506-0062 five to ten minutes prior to the scheduled con

SHOUGUANG, China, Oct. 31, 2024 (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 its Letter to Shareholders as below. "Dear Shareholders, We want to emphasize our commitment to communicating actively with our shareholders. This letter is an integral part of our communication efforts. On April 16, 2024, we dismissed our auditors, WWC PC, and engaged GGF CPA Limited as our new auditor when we realized our audit would not be completed on time. Transitioning to new auditors at the last minute posed significant challenges, as we had to rest

SHOUGUANG, China, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Gulf Resources (NASDAQ:GURE) a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced its financial results for the three and nine months ended September 30, 2023. In the third quarter, sales declined by 74%.Net income after tax was a loss of $1,775,797 compared to a profit of $8,967,380.Net loss per share was ($0.17*) compared to a net profit of $0.86*.Ending cash was $103,774,977 or $9.95* per share.Shareholders' equity was $260,723,332 or $24.99* per share. Results for the Three Months Ended Sept. 30,2023 In the third quarter of 2023, revenue declined by 74% to $5,865,615 from $22

SHOUGUANG, China, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (NASDAQ:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will host a conference call on Monday, November 20, 2023 at 07:30 PM Eastern Time to discuss its Third Quarter 2023 results ended September 30, 2023. Mr. Xiaobin Liu, CEO of Gulf Resources, will be hosting the call. The Company management team will be available for investor questions following the prepared remarks. To participate in this live conference call, please dial Toll Free +1 (888) 506-0062 five to ten minutes prior to the scheduled confer

SHOUGUANG, China, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (NASDAQ:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company has filed a Form 12b-25 Notification of Late Filing because it is unable to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 (the "Form 10-Q") by November 14, 2023, the original due date for such filing.. The Company expects to file the Form 10-Q within the five-calendar day extension provided by Rule 12b-25. The Company will host a conference call about its quarterly earnings at 7:30 P.M. EST (4:30 P.M. PST) on Nove

SHOUGUANG, China, Aug. 14, 2023 (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 financial results for the second quarter and six months ending June 30, 2023. At the end of this press release you will see our income statement, balance sheet, and cash flow statement. Our 10-Q filed with the SEC describes all the business segments of the company. While we normally cover these segments first, this quarter we will provide investors with context about the Chinese economy in general and our industries in particular so you can better understand

SHOUGUANG, China, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (NASDAQ:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will host a conference call on Monday, August 14, 2023 at 08:00 PM Eastern Time to discuss its Second Quarter 2023 results ended June 30, 2023. Mr. Xiaobin Liu, CEO of Gulf Resources, will be hosting the call. The Company management team will be available for investor questions following the prepared remarks. To participate in this live conference call, please dial Toll Free +1 (888) 506-0062 five to ten minutes prior to the scheduled conference c

SHOUGUANG, China, May 15, 2023 (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 financial results for the three months ended March 31, 2023. Revenues: $9,302,007, representing an increase of 4% over the same period of 2022.The Net Loss was ($557,747) compared to a net loss of ($119,946) for the same period last year. Earnings per share were a loss of $0.05 versus a loss of $0.01 for the same period last year.Cash flow was $4,831,553.Ending cash was $115,771,833.Cash per share $11.10* (based on 10,431,924 shares issued and outstanding.)N

SHOUGUANG, China, May 15, 2023 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will host a conference call on Tuesday, May 16, 2023 at 08:00 AM Eastern Time to discuss its First Quarter 2023 results ended March 31, 2023. Mr. Xiaobin Liu, CEO of Gulf Resources, will be hosting the call. The Company management team will be available for investor questions following the prepared remarks.  To participate in this live conference call, please dial Toll Free +1 (877) 545-0523 five to ten minutes prior to the scheduled conference cal

SHOUGUANG, China, March 31, 2023 (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 reports results for fiscal year 2022 and provides updates on its business segments and corporate strategies. During 2022, revenues increased 20% to $66,094,486. Gross profits increased 34% to $37,425,334. Profits from operations increased 216% to $16,481,696. Net income per share was $1.00 versus a loss of ($0.09) per share. Despite negative foreign currency translation adjustment of $24,886,118, which impacted all balance sheet items, ending cash was $108,226,214

SHOUGUANG, China, March 31, 2023 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will host a conference call on Monday, April 3, 2023 at 08:00 AM Eastern Time to discuss its Fourth Quarter and Fiscal Year 2022 results ended December 31, 2022. Mr. Xiaobin Liu, CEO of Gulf Resources, will be hosting the call. The Company management team will be available for investor questions following the prepared remarks.  To participate in this live conference call, please dial Toll Free +1（888）506-0062 five to ten minutes prior to the sche

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 65% to $0.86. For the

SHOUGUANG, China., Nov. 11, 2022 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will reschedule its conference call to discuss third quarter 2022 results from Friday Nov. 11, 2022 at 8:30 p.m. EST to Tuesday, November 15, 2022 at 08:00 a.m. EST. After the original timing of the call was announced, the company received some comments from investors that Friday, Nov. 11 was Veterans' Day in the United States. Further, other investors indicated that a call at 8:30 PM was inconvenient, especially investors in Europe.

SHOUGUANG, China, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will host a conference call on Friday, November 11, 2022 at 08:30 PM Eastern Time to discuss its third quarter 2022 results ended September 30, 2022. Mr. Xiaobin Liu, CEO of Gulf Resources, will be hosting the call. The Company management team will be available for investor questions following the prepared remarks.  To participate in this live conference call, please dial Toll Free +1 (888) 506-0062 five to ten minutes prior to the scheduled confe

SHOUGUANG, China, Aug. 15, 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 financial results for the six and three months ended June 30, 2022 Gulf Resources is pleased to report a second quarter with revenues up 41% and earnings per share of $0.37 despite the interruptions in production caused by COVID-19 circumstances, the overall weakness in the Chinese economy, the continuing fact that closures of bromine and crude salt factories No.2, No.8, and No.10 and the delay in opening the new chemical factory. Bromine pricing has contin

SHOUGUANG, China, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will host a conference call on Monday, August 15, 2022 at 07:30 PM Eastern Time to discuss its second quarter 2022 results ended June 30, 2022. Mr. Xiaobin Liu, CEO of Gulf Resources, will be hosting the call. The Company management team will be available for investor questions following the prepared remarks.  To participate in this live conference call, please dial Toll Free +1 (877) 545-0320 five to ten minutes prior to the scheduled

SHOUGUANG, China, June 14, 2022 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will host a conference call on Tuesday, June 14, 2022 at 08:00 PM Eastern Time to discuss its six year plan. Mr. Xiaobin Liu, CEO of Gulf Resources, will be hosting the call. The Company management team will be available for investor questions following the prepared remarks.  To participate in this live conference call, please dial Toll Free +1 (888) 506-0062 five to ten minutes prior to the scheduled conference call time. International callers sh

SHOUGUANG, China, May 13, 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 financial results for the first quarter ended March 31, 2022 as well as its plan to provide investors with its 6 year financial plan by the end of June 2022. Despite the closure of all our operating facilities for 51 of the 90 days of the first quarter, 2022 and the additional time to restart production, the costs of our closed facilities, and a negative non-cash charge on foreign currency translation losses, Gulf Resources rep

SHOUGUANG, China, May 12, 2022 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will host a conference call on Monday, May 16, 2022 at 08:30 AM Eastern Time to discuss its first quarter 2022 results ended March 31, 2021. Mr. Xiaobin Liu, CEO of Gulf Resources, will be hosting the call. The Company management team will be available for investor questions following the prepared remarks.  To participate in this live conference call, please dial Toll Free +1 (888) 506-0062 five to ten minutes prior to the scheduled conference call

SHOUGUANG, China, April 12, 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 financial results for the fourth quarter and full fiscal year 2021 ended December 31, 2021. Highlights: For the year ending 12/31/2021, revenues were $55,030,586 compared to $28,207,024, an increase of 95%.Cost of Net Revenue was $27,132,372 compared to $19,415,034, an increase of 40%.Gross profit was $27,898,214 compared to $8,791,990, an increase of 217%.Gross margins were 50.7% Vs. 31.2% in the prior year.Direct labor increased 31% to $10,718,605. Gener

SHOUGUANG, China, April 11, 2022 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will host a conference call on Wednesday, April 13, 2022 at 08:30 AM Eastern Time to discuss its fourth quarter 2021 results as well as full results for the fiscal year 2021 ended December 31, 2021. Mr. Xiaobin Liu, CEO of Gulf Resources, will be hosting the call. The Company management team will be available for investor questions following the prepared remarks.  To participate in this live conference call, please dial Toll Free +1 (888) 506-006

SHOUGUANG, China, Nov. 15, 2021 (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 third quarter 2021. 3rd Quarter Income Revenues in the third quarter increased 69.4% to $17,753,669 versus $10,482,185 in the same period of 2020.Gross margins increased to 53.8% from 35.6%Income from operations was $7.1 million compared to a loss of $2.7 million in the 3rd quarter of 2020.Net profit was $5.4 million compared to a loss of $2.9 million in the previous quarter.Earnings per share were $0.52 compared to a lo

SHOUGUANG, China, Nov. 12, 2021 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will host a conference call on Tuesday, November 16, 2021 at 08:00 AM Eastern Time to discuss its Third Quarter 2021 results ended September 30, 2021. Mr. Xiaobin Liu, CEO of Gulf Resources, will be hosting the call. The Company's management team will be available for investor questions following the prepared remarks. To participate in this live conference call, please dial +1 (888) 506-0062 five to ten minutes prior to the scheduled confe

SHOUGUANG, China, Nov. 08, 2021 (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 a conference call to discuss the new compensation program initiated by the Company to align the interests of its Chairman and senior management with that of its shareholders. For several years, the Company has been dissatisfied with its financial performance and with its inability to take cash from China to pay dividends and buy back shares. It has been seeking a way of attempting to align the interests of its shareholders with that of its management. T

SHOUGUANG, China, Aug. 16, 2021 (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 Second Quarter 2021 Earnings Conference Call with updated Webcasting Link. Due to a problem on the company's website, Gulf Resources is changing the link for the webcasting of its conference call at 8:00 a.m. Eastern Time. The new webcasting link is https://www.webcaster4.com/Webcast/Page/2234/42535 The company regrets any inconvenience this disruption may have caused investors. The call can also be accessed directly by dialing +1 (888) 506-0062 (

SHOUGUANG, China, Aug. 16, 2021 (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 second quarter 2021. Second Quarter 2021 Financial Results Balance Sheet Our balance sheet remains extremely strong. Despite continuing to invest in our new chemical factory, we have over $97 million in cash. Our current book value per share is $26.56. Based on our current stock price, Gulf continues to sell at a discount to its cash, net net cash, a

SHOUGUANG, China, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will host a conference call on Monday, August 16, 2021 at 08:00 AM Eastern Time to discuss its Second Quarter 2021 results ended June 30, 2021. Mr. Xiaobin Liu, CEO of Gulf Resources, will be hosting the call. The Company's management team will be available for investor questions following the prepared remarks. To participate in this live conference call, please dial +1 (888) 506-0062 five to ten minutes prior to the scheduled conference call time