GULF RESOURCES, INC. GURE Income Statement

Gulf resources, inc. (GURE)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
NET REVENUE
Net revenue
557	0	4,548	6,009	38	0	343	4	2,247	3,361	23,840	47,531	32,788	28,367	38,811	47,600	34,495	35,454	42,601	49,350	34,910	25,208	31,106	31,752	25,592	30,100	32,935	32,853	22,502	22,047	24,530	31,314	23,808	30,539	37,761	51,300	45,378	44,758	46,751
OPERATING INCOME (EXPENSE)
Cost of net revenue
921	0	2,403	2,990	36	0	68	0	1,241	1,493	14,518	26,931	20,213	18,600	23,107	29,195	23,881	24,274	27,000	32,280	25,480	18,535	21,901	22,566	18,734	20,957	22,006	23,260	17,985	17,833	17,099	21,389	17,115	20,128	23,823	24,994	20,591	23,002	23,470
Sales, marketing and other operating expenses
2	0	5	6	0	0	10	21	34	-	65	100	75	-	83	104	81	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales, marketing and other operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales, marketing and other operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	91	120	81	-	29	-	22	25	25	25	20	21	20	22	17	19	20	23	24	18	75
Research and development cost
-	-	-	-	-	-	-	-	-	25	42	65	61	63	68	70	59	49	69	63	48	39	30	32	30	35	33	54	17	30	28	62	42	51	33	133	180	891	596
Exploration cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	325	-	0	0	0	-	-	-	-	-	-	-	-	-	1,047	3,867	-	-	-
Write-off/Impairment on property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-819	-	-	-	-673	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off/Impairment on property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss from disposal of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Write-off/Impairment on property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	911	-	-	-	-	-	-	-
Write-off/impairment on property, plant and equipment
-	-	0	-	-	-	1,397	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	7,570	-	-	-
Write-off/Impairment on property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-90	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off / Impairment on property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	130	-	-	-	-	-	-	-	-
Loss on demolition of factory
-	-	0	-	-	-	-18,644	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	0	-9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Direct labor and factory overheads incurred during plant shutdown
3,610	4,521	3,485	2,875	4,293	4,133	5,563	5,689	5,695	-	1,873	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative expenses
843	4,812	5,020	1,335	2,105	5,247	1,323	1,125	3,571	2,174	2,577	2,056	1,728	894	1,613	1,009	1,916	1,421	831	2,434	1,981	2,244	1,894	1,701	1,320	2,209	1,962	2,422	1,969	1,601	1,707	1,370	2,112	6,359	5,459	1,714	4,341	1,003	731
Gain on relocation of factory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Gain on relocation of factory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,877	-	-	-	-	-	-	-	-	-	-	-	-
Other operating income (loss)
15	-	0	-	0	-	-134	-	-	0	72	105	104	105	108	110	110	111	115	109	117	117	116	116	117	97	107	287	95	85	85	76	57	37	1,368	392	22	66	-
Total Costs and Expenses
5,393	9,333	10,914	7,207	6,434	41,625	27,141	6,836	10,544	26,320	19,005	29,049	21,975	20,597	24,855	30,269	25,829	25,865	28,698	34,788	27,800	21,217	24,412	24,221	19,990	22,533	22,042	25,475	19,897	19,401	18,901	23,681	19,231	28,639	29,015	37,912	25,114	24,849	24,874
LOSS FROM OPERATIONS
-4,835	-9,333	-6,366	-1,198	-6,396	-41,625	-26,798	-6,831	-8,296	-22,959	4,835	18,482	10,812	7,769	13,956	17,331	8,666	9,589	13,903	14,561	7,110	3,990	6,694	7,531	5,601	7,566	10,892	7,378	2,605	2,645	5,628	7,633	4,577	1,899	8,746	13,388	20,264	19,908	21,887
OTHER INCOME (EXPENSE)
Interest expense
35	33	34	38	38	36	37	43	43	40	40	42	41	40	42	46	46	45	46	51	50	49	48	52	52	51	50	53	53	51	50	54	54	52	51	65	42	0	0
Interest income
74	77	101	132	135	151	161	178	169	157	139	132	125	130	120	122	114	120	113	108	126	131	125	119	106	101	86	79	72	64	64	84	98	71	69	52	76	67	59
LOSS BEFORE TAXES
-4,796	-9,290	-6,299	-1,103	-6,299	-41,510	-26,674	-6,696	-8,170	-22,841	4,934	18,573	10,896	7,859	14,034	17,407	8,734	9,664	13,969	14,618	7,186	4,072	6,771	7,598	5,655	7,616	10,928	7,404	2,625	2,658	5,642	7,663	4,621	1,918	8,763	13,375	20,298	19,975	21,937
INCOME TAX BENEFIT
-1,256	-2,161	6,729	-365	-1,395	-2,829	-7,181	-1,883	-1,193	-5,542	1,509	4,821	2,821	1,813	3,518	4,210	2,267	2,366	3,290	3,843	1,871	1,190	1,732	1,933	1,369	1,998	2,818	2,048	742	752	1,529	1,975	1,334	937	3,179	3,352	5,933	5,110	5,510
NET LOSS
-3,539	-7,129	-13,029	-737	-4,904	-38,680	-19,493	-4,812	-6,977	-17,299	3,425	13,751	8,075	6,046	10,515	13,197	6,466	7,298	10,679	10,775	5,315	2,882	5,038	5,664	4,286	5,618	8,109	5,355	1,882	1,906	4,113	5,688	3,287	980	5,584	10,023	14,364	14,865	16,426
COMPREHENSIVE LOSS:
NET LOSS
-3,539	-7,129	-13,029	-737	-4,904	-38,680	-19,493	-4,812	-6,977	-17,299	3,425	13,751	8,075	6,046	10,515	13,197	6,466	7,298	10,679	10,775	5,315	2,882	5,038	5,664	4,286	5,618	8,109	5,355	1,882	1,906	4,113	5,688	3,287	980	5,584	10,023	14,364	14,865	16,426
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments
-4,515	4,113	-8,690	-6,603	6,166	735	-14,738	-20,586	15,948	6,408	8,450	7,261	2,037	-14,425	-2,637	-9,760	1,893	-7,540	-14,565	1,475	-1,110	1,837	24	-34	-2,904	2,668	1,524	4,298	767	2,492	-721	-1,316	277	-	4,168	2,816	-	-	-
- Foreign currency translation adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,021	2,818	682
COMPREHENSIVE INCOME (LOSS)
-8,055	-3,015	-21,719	-7,341	1,262	-37,945	-34,231	-25,399	8,971	-10,890	11,876	21,012	10,112	-8,379	7,877	3,436	8,360	-242	-3,885	12,250	4,204	4,719	5,062	5,629	1,382	8,286	9,633	9,654	2,650	4,398	3,392	4,372	3,565	4,467	9,752	12,839	16,386	17,683	17,108
LOSS PER SHARE:
BASIC AND DILUTED
-	-	-0.27	-	-	-	-0.42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BASIC
-0.37	-	-	-0.02	-0.52	-	-	-0.10	-0.15	-0.36	0.07	0.29	0.17	0.12	0.23	0.29	0.14	0.17	0.23	0.23	0.12	0.07	0.13	0.15	0.11	0.15	0.21	0.14	0.05	0.05	0.12	0.16	0.10	0.03	0.16	0.29	0.41	0.43	0.47
DILUTED
-0.37	-	-	-0.02	-0.52	-	-	-0.10	-0.15	-0.36	0.07	0.29	0.17	0.13	0.23	0.28	0.14	0.16	0.23	0.23	0.12	0.08	0.13	0.14	0.11	0.14	0.21	0.14	0.05	0.05	0.12	0.16	0.10	0.04	0.16	0.29	0.40	0.43	0.47
WEIGHTED AVERAGE NUMBER OF SHARES:
BASIC AND DILUTED
-	-	47,583	-	-	-	46,803	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BASIC
9,517	-	-	47,214	9,377	-	-	46,803	46,803	46,803	46,794	46,793	46,793	46,799	46,301	46,008	46,007	46,052	46,007	45,928	42,680	38,727	38,726	38,726	38,598	38,480	38,368	38,367	38,367	35,143	34,560	34,560	34,560	34,558	34,620	34,729	34,735	34,640	34,587
DILUTED
9,517	-	-	47,214	9,377	-	-	46,803	46,826	46,844	46,897	46,796	46,804	46,821	46,309	46,631	46,740	46,911	46,905	47,143	43,477	39,125	39,297	39,341	39,277	39,254	38,963	38,591	38,500	36,449	34,699	34,560	34,561	33,750	34,620	34,733	35,590	34,742	34,738