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Stock impact report

Gulf Resources Announces Second Quarter 2021 Unaudited Financial Results

Gulf Resources, Inc. (GURE) 
US:NASDAQ Investor Relations: gulfresourcesinc.com
Company Research Source: GlobeNewswire
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, and working capital. Balance Sheet Highlights  TotalCash $97,058,027Net Net Cash$78,735,522Current Assets$104,955,195Working Capital$95,745,220Book Value$278,102,555 Income Statement Net Revenues for Q2 2021 increased 108% to $11,148,008 compared to Show less Read more
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