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Gulf Resources Inc   (GURE)
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Gulf Resources Inc reported a very astonishing surge in Revenues, in the third quarter of 2022 earnings season

GURE delivered third quarter of 2022 operating income of $11.942592 millions

Published 2022-11-16T09:10:17+00:00
Goran Soko / CSIMarket.com Contributer

plant_with_tanks_By_Alexandr_2012_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common GURE showed respectable elevation in the third quarter of 2022 financial report, where income jumped by 65.38 % year on year to $0.86 per share and Revenue increased by 28.778 % to $22.86 millions.

From the earnings per share more than doubled by 132.43 % from $0.37 per share and Revenues surged by 45.514 % from $15.71 millions.

The operating landscape for the Gulf Resources Inc proposals remains prosperous amidst an earnestly demanding climate at the suppliers, and GURE is focused on determining such circumstances constantly in order to catch up with promises and continuing with the future market targets.
Net earnings of $8.967 millions in the third quarter of 2022 earnings season increased by 66.26 % from net earnings of $5.394 millions reported in the third quarter of 2022 earnings season a year ago. Gulf Resources Inc also emphasized it's improving profit margins, where net margin rose to 39.22% in third quarter of 2022 earnings season, and operating margin edged up to 52.24%.
Operating earnings, however, rose 68.25% to $11.942592 millions.

Gulf Resources Inc is expected to report next financial recent numbers on April 11, 2023.


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Other GURE's Earnings Reports

Gulf Resources Inc reported fourth quarter 2022 earnings

Gulf Resources Inc reported third quarter 2022 earnings

Gulf Resources Inc reported second quarter 2022 earnings

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