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Gulf Resources: 2Q Earnings Snapshot

SHOUGUANG, China (AP) _ Gulf Resources Inc. (GURE) on Friday reported a second-quarter loss of $4.8 million, after reporting a profit in the same period a year earlier.

The Shouguang, China-based company said it had a loss of 10 cents per share.

The specialty chemicals company posted revenue of $4,600 in the period. Its adjusted revenue was $5,000.

In the final minutes of trading on Friday, the company's shares hit $1.15. A year ago, they were trading at $1.78.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GURE at https://www.zacks.com/ap/GURE