SHOUGUANG, China, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (NASDAQ:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that it has completed its approximately $50 million flood prevention project recently. This project was implemented for safeguarding its bromine facilities. While implemented to protect its bromine facilities and prevent potential flooding that could harm the wells, aqueducts and cru ...

Gulf Resources, Inc. (NASDAQ:GURE) Q3 2023 Earnings Call Transcript November 20, 2023 7:30 PM ET Company Participants Helen Xu - Director of Investor Relations Xiaobin Liu - Chief Executive Officer Operator Greetings. Welcome to the Gulf Resources Third Quarter 2023 Earnings Conference. [Operator Instructions]. Please note, this conference is being recorded. I will now turn the conference over to your host, Helen Xu. You may begin. Helen Xu Thank you, operator. Good morning, ladies and gentlemen, and good e ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-34499 GULF RESOURCES, INC. (Exact name of registrant as specified in its charter) Nevada 13-3637458 (State or othe ...

Call Start: 20:00 January 1, 0000 9:06 PM ET Gulf Resources, Inc. (NASDAQ:GURE) Q2 2023 Earnings Conference Call August 14, 2023 20:00 ET Company Participants Helen Xu - Director of Investor Relations Xiaobin Liu - Chief Executive Officer Conference Call Participants Operator Greetings. Welcome to the Gulf Resources Second Quarter 2023 Earnings Conference. [Operator Instructions] Please note, this conference is being recorded. I will now turn the conference over to your host, Helen Xu. You may begin. Helen ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-34499 GULF RESOURCES, INC. (Exact name of registrant as specified in its charter) Nevada 13-3637458 (State or other jur ...

Gulf Resources, Inc. (NASDAQ:GURE) Q1 2023 Earnings Conference Call May 16, 2023 8:00 AM ET Company Participants Helen Xu - IR Director Xiaobin Liu - CEO Conference Call Participants Operator Good morning, everyone, and welcome to Gulf Resources First Quarter 2023 Earnings Conference Call. At this all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] Please note, this conference is being recorded. I will now turn the conference ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-34499 GULF RESOURCES, INC. (Exact name of registrant as specified in its charter) Nevada 13-3637458 (State or other ju ...

Financial Data and Key Metrics Changes - Revenue increased approximately 20% to approximately $66.1 million [6] - Gross profit increased 34% to approximately $37.4 million [6] - Profit from operations increased 216% to approximately $16.5 million [6] - Income before taxes increased 210% to $16.6 million from $5.4 million [6] - After-tax income was approximately $10.06 million, compared to a loss of approximately $924.5 thousand [6] - Earnings per share was $1 versus a loss of $0.09 per share [6] - Cash flow from operations was approximately $51.1 million, compared to approximately $23.3 million in the previous year [7] - Cash balance was $108.2 million or $10.37 per share [8] Business Line Data and Key Metrics Changes - Bromine business was extremely profitable with bromine prices increasing 14% last year, but prices have since dropped approximately 40% [8][10] - The company expects to open closed factories 2 and 10 in 2023 and anticipates full production from factory 8 [10] - The Yuxin chemical factory is facing delays due to stricter government regulations and equipment delivery issues [12][14] Market Data and Key Metrics Changes - The decline in bromine prices is attributed to slowed economic conditions in China and decreased demand for fire retardants and disinfectants due to COVID restrictions [9][10] - The company remains optimistic about the recovery of bromine prices as the Chinese economy reopens [10] Company Strategy and Development Direction - The company is exploring partnerships with local governments to expedite approvals for natural gas and brine projects [16] - A task force has been formed to analyze the potential for exporting chemical products, with plans to consider external consultants in the future [21] - The management is focused on increasing production capacity and profitability in the bromine and chemical segments [15][19] Management Comments on Operating Environment and Future Outlook - Management expressed frustration over the company's stock price and emphasized their commitment to improving shareholder value [19][20] - The company is optimistic about long-term profitability potential in the bromine and crude salt segments despite current challenges [11][15] Other Important Information - The company is facing challenges with currency restrictions in China, impacting its ability to return capital to shareholders [17] - The market capitalization is about $29 million, making it less attractive to institutional investors [18] Q&A Session Summary Question: Are there people outside the company involved in the task force looking at exporting chemical products? - Management confirmed that currently, the task force consists of internal staff, but they may consider hiring external consultants in the future [21] Question: Encouragement to talk to an investment banker for improving stock price? - Management acknowledged the suggestion but did not provide a specific response [22]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission file number 001-34499 Gulf Resources Inc. (Exact name of registrant as specified in its charter) Nevada 13-3637458 ...

Gulf Resources, Inc. (NASDAQ:GURE) Q3 2022 Earnings Conference Call November 15, 2022 8:00 AM ET Company Participants Helen Xu - IR Director Xiaobin Liu - CEO & Director Naihui Miao - Secretary, COO, VP & Director Conference Call Participants Operator Good morning, ladies and gentlemen, and welcome to the Gulf Resources 2022 Third Quarter Earnings Conference. [Operator Instructions] It is now my pleasure to turn the floor over to your host, Helen Xu. Helen, the floor is yours. Helen Xu Thank you, Tom. Good ...