SouthGobi Resources Ltd. provided earnings guidance for the six months ended June 30, 2023. For the period, the company expected to record a net loss between USD 33.0 million and USD 38.0 million, as compared to a net loss of USD 17.8 million for the six months ended June 30, 2022. The expected net loss is primarily attributable to the provision of a tax penalty of USD 75.0 million which is expected to be recorded in the condensed consolidated interim financial statements for the six months ended June 30, 2023.
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5-day change | 1st Jan Change | ||
0.8 CAD | -11.11% | -24.53% | +105.13% |
May. 15 | SouthGobi Resources Books Higher Profit, Revenue in Q1 | MT |
May. 14 | SouthGobi Resources Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+105.13% | 196M | |
-0.88% | 5.19B | |
+8.84% | 1.11B | |
-6.97% | 442M | |
+16.06% | 223M | |
-1.96% | 222M | |
-8.97% | 60.25M |
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- SouthGobi Resources Ltd. Provides Earnings Guidance for the Six Months Ended June 30, 2023