09:56 AM EST - SouthGobi Resources Ltd. : Announced its financial results for the three months ended March 31, 2017. All figures are in U.S. dollars. The Company recorded a gross profit of $1.5 million during the quarter compared to gross loss of $6.4 million in the first quarter of 2016. The Company recorded a $4.1 million loss from operations during the first quarter of 2017, as compared to a $9.8 million loss from operations in the first quarter of 2016. Revenue was $25.3 million in the first quarter of 2017 as compared to $12.7 million in the first quarter of 2016. SouthGobi Resources Ltd.
shares T.SGQ are trading unchanged at $0.32.
