July 10, 2017 / 12:57 PM / 4 months ago

BRIEF-Gulf Resources temporarily suspends production at Sichuan Province well

July 10 (Reuters) - Gulf Resources Inc

* Gulf resources announces temporary suspension of production at its first natural gas well in sichuan province

* Gulf resources inc - ‍in initial stages of production, content of natural gas did not meet expected quality standards​

* Gulf resources inc - ‍gulf resources continues to be optimistic about both its core business and opportunities in sichuan province​

* Gulf resources inc - ‍at present time, gulf expects to report strong results in bromine and improved results in chemicals for q2 of 2017​

* Gulf resources- ‍overall, excluding potential extraordinary items, currency exchange problem, expects to report sales in q2 2017 increased over previous year​

* Gulf resources inc - ‍also expects to report that earnings and earnings per share increased by double digits in q2 2017​

* Gulf resources inc - ‍believes suspension will not change intermediate to long-term opportunities for natural gas production in sichuan province​ Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below