DCHC

Gulf Resources Announces the Receipt of Governmental Notification to Temporarily Close Bromine Facilities

Retrieved on: 
Friday, December 9, 2022

To comply with such notification, the Company expects to temporarily stop production at its bromine facilities in Shouguang City during the aforesaid period.

Key Points: 
  • To comply with such notification, the Company expects to temporarily stop production at its bromine facilities in Shouguang City during the aforesaid period.
  • Further, in 2021-2022, the prior seasonal closure went from December 28, 2021 until February 21, 2022 8:00 AM China Time.
  • DCHC was established to further explore and develop natural gas and brine resources (including bromine and crude salt) in China.
  • Gulf Resources undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Gulf Resources Announces Buy Back of shares from Company’s CEO, CFO and COO

Retrieved on: 
Friday, December 2, 2022

Despite the strong and above guidance earnings in the first nine months of 2022, Gulfs shares have not performed as well as the Company expected.

Key Points: 
  • Despite the strong and above guidance earnings in the first nine months of 2022, Gulfs shares have not performed as well as the Company expected.
  • Accordingly, each of the three senior executives agreed to sell 80,000 shares of stock at this time to the Company.
  • The retirement of these shares may also positively impact earnings and help to limited reduce some of the pressure from market.
  • Gulf Resources undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

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

Retrieved on: 
Monday, November 14, 2022

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.

Key Points: 
  • 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.
  • In the third quarter, revenues, income from operations, profits before taxes, net income, and earnings per share all increased sharply.
  • The average selling price in the third quarter was $7,474 compared to $5,938 in the third quarter of the previous year.
  • International callers should dial +1973- 528 - 0011, and please reference to Gulf Resources or Participant Access Code: 105706 while dial in.

Gulf Resources Announces Rescheduled Conference Call to Discuss Third Quarter 2022 Results on Tuesday, Nov. 15, 2022 at 8:00 a.m. EST

Retrieved on: 
Friday, November 11, 2022

Accordingly, the company has rescheduled the call for 8:00 a.m. EST on Tuesday, Nov. 15, before the opening of the market.

Key Points: 
  • Accordingly, the company has rescheduled the call for 8:00 a.m. EST on Tuesday, Nov. 15, before the opening of the market.
  • To participate in this live conference call, please dial Toll Free +1888506-0062 five to ten minutes prior to the scheduled conference call time.
  • International callers should dial +1973-528 - 0011, and please reference to Gulf Resources or Participant Access Code: 105706 while dialing in.
  • Gulf Resources undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Gulf Resources Announces Conference Call to Discuss Third Quarter 2022 Results

Retrieved on: 
Wednesday, November 9, 2022

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.

Key Points: 
  • 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.
  • 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 should dial +1 (973) 528-0011, and please reference to Gulf Resources or Participant Access Code: 105706 while dial in.
  • Gulf Resources undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Gulf Resources Updates Investors on the Construction of Its New Yuxin Chemical Factory

Retrieved on: 
Friday, October 14, 2022

SHOUGUANG, China, Oct. 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 updated investors on the construction of its new Yuxin Chemical Factory.

Key Points: 
  • SHOUGUANG, China, Oct. 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 updated investors on the construction of its new Yuxin Chemical Factory.
  • As Gulf has previously announced, the construction of this factory has been delayed due to supply chain disruption as well as COVID protocols in China.
  • Gulf Resources may continue to update its investors on the progress of the Yuxin chemical factory.
  • Gulf Resources undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Gulf Resources Updates Investors on Revenue and Earnings Projections from Bromine and Crude Salt Segments for the 3rd quarter and the full year of 2022

Retrieved on: 
Tuesday, August 30, 2022

Based on information currently at hand, revenues and earnings in 2023 for bromine and crude salt segments are projected to increase from the estimates in 2022.

Key Points: 
  • Based on information currently at hand, revenues and earnings in 2023 for bromine and crude salt segments are projected to increase from the estimates in 2022.
  • The Company is currently reviewing the projections for the 6-year plan for bromine and crude salt on June 14,2022.
  • DCHC was established to further explore and develop natural gas and brine resources (including bromine and crude salt) in China.
  • Gulf Resources undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Gulf Resources, Inc. Announced Governmental Approval for Bromine Factory No. 8

Retrieved on: 
Wednesday, August 24, 2022

With this approval, the Company can now take steps to resume production at this factory.

Key Points: 
  • With this approval, the Company can now take steps to resume production at this factory.
  • The Company will immediately begin the preparation work including upgrading some of the facilities of this factory.
  • DCHC was established to further explore and develop natural gas and brine resources (including bromine and crude salt) in China.
  • Gulf Resources undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Gulf Resources Announces Results for the Second Quarter and Six Months Ended June 30, 2022

Retrieved on: 
Monday, August 15, 2022

During the quarter the average selling price was $7,740 compared to $5,556 in the same quarter of the previous year.

Key Points: 
  • During the quarter the average selling price was $7,740 compared to $5,556 in the same quarter of the previous year.
  • The Company believes the inspections in 2022 had a more significant impact on production than did the inspections in 2021.
  • The cost of revenues in bromine was $6,865,832 representing an increase of $1,312,339 from the same quarter of the previous year.
  • In this quarter, to comply with new government directives, the Company separated bromine and crude salt into two separate legal entities.

Gulf Resources Announces Conference Call to Discuss Second Quarter 2022 Results

Retrieved on: 
Thursday, August 11, 2022

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.

Key Points: 
  • 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.
  • To participate in this live conference call, please dial Toll Free +1 (877) 545-0320 five to ten minutes prior to the scheduled conference call time.
  • International callers should dial +1 (973) 528-0002, and please reference to Gulf Resources or Participant Access Code: 360812 while dial in.
  • Gulf Resources undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.