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Kingold Jewelry: 1Q Earnings Snapshot

WUHAN, China (AP) _ Kingold Jewelry Inc. (KGJI) on Wednesday reported first-quarter profit of $6.4 million.

The Wuhan, China-based company said it had net income of 10 cents per share.

The gold jewelry designer and seller posted revenue of $453.5 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit 82 cents. A year ago, they were trading at $1.39.

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