March 19, 2018 / 12:36 PM / 3 months ago

BRIEF-Gulf Resources Reports Q4 Revenue $3.362 Million

March 19 (Reuters) - Gulf Resources Inc:

* GULF RESOURCES REPORTS FOURTH QUARTER AND FISCAL YEAR 2017 FINANCIAL RESULTS

* Q4 REVENUE $3.362 MILLION

* ‍ BELIEVE CUSTOM EQUIPMENT FOR A TECHNICAL DRILLING PROBLEM WILL BE DELIVERED WITHIN NEXT MONTH​

* ‍HAS NOT YET DECIDED WHETHER TO DRILL ANOTHER WELL IN 2018​

* QTRLY GROSS PROFIT OF $1.9 MILLION

* ‍IS NOT WRITING OFF ANY OF GOODWILL RELATED TO ITS CHEMICALS BUSINESS​ Source text for Eikon: Further company coverage: (Reuters.Brief@thomsonreuters.com)

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