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Gulf Resources: 1Q Earnings Snapshot

SHOUGUANG, China (AP) _ Gulf Resources Inc. (GURE) on Thursday reported a first-quarter loss of $7 million, after reporting a profit in the same period a year earlier.

The Shouguang, China-based company said it had a loss of 15 cents per share.

The specialty chemicals company posted revenue of $2.2 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $1.45. A year ago, they were trading at $1.96.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on GURE at