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SouthGobi Resources: 2Q Earnings Snapshot

August 13, 2019

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.

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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 SGQRF at https://www.zacks.com/ap/SGQRF

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