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0 0 0.0774818401937047 0.0774818401937047 0.12590799031477 0.157070217917676 0.171912832929782 0.167070217917676
Stock impact report

Gulf Resources Provides Guidance for 3rd Quarter and Full Year 2021

Gulf Resources, Inc. (GURE)  More Company Research Source: GlobeNewswire
US:NASDAQ Investor Relations: gulfresourcesinc.com
PDF SHOUGUANG, China, Sept. 14, 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 provides net revenue and net income guidance for the 3rd Quarter and full year of 2021. All estimates provided below are based on the current outlook and all exclude unexpected nonrecurring and non-operational factors. In the 3rd Quarter 2021, the price of bromine has declined slightly from the record levels of the second quarter but is still near historic levels. Based on the production levels through the first two months and one week of the quarter, the company currently expects net revenues of between $16.2 and $16.7 million. This compares to net revenues of $11.1 million in the 2nd quarter of 2021 and $10.5 million in the same quarter of 2020. The company believes it will make a net income in the 3rd quarter of between $4.0 and $4.7million. This compare [Read more]
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