AP NEWS

Kingold Jewelry: 3Q Earnings Snapshot

November 12, 2019 GMT

WUHAN, China (AP) _ Kingold Jewelry Inc. (KGJI) on Tuesday reported a third-quarter loss of $24 million, after reporting a profit in the same period a year earlier.

The Wuhan, China-based company said it had a loss of $2.18 per share.

The gold jewelry designer and seller posted revenue of $382.8 million in the period.

In the final minutes of trading on Tuesday, the company’s shares hit $1.54. A year ago, they were trading at $5.98.

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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