SouthGobi Resources: 2Q Earnings Snapshot
VANCOUVER, British Columbia (AP) _ SouthGobi Resources Ltd. (SGQRF) on Tuesday reported second-quarter net income of $2.1 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 1 cent.
The coal mining company posted revenue of $32.5 million in the period.
The company’s shares closed at 10 cents. A year ago, they were trading at 9 cents.