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.
End-of-day quote
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5-day change | 1st Jan Change | ||
0.65 CAD | 0.00% | -13.33% | +66.67% |
May. 23 | SouthGobi Resources Unit Receives Increased Penalty Quote from Mongolian Tax Authority | MT |
May. 15 | SouthGobi Resources Books Higher Profit, Revenue in Q1 | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+66.67% | 140M | |
+0.77% | 5.11B | |
-6.96% | 949M | |
-9.41% | 418M | |
+19.17% | 237M | |
-2.61% | 213M | |
+26.22% | 210M | |
-8.97% | 56.33M |
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- SouthGobi Resources Ltd. Provides Earnings Guidance for the Six Months Ended June 30, 2023