SouthGobi Resources Narrows Loss in Q1

MT Newswires Live

05/14

SouthGobi Resources (HKG:1878) shrank its net loss attributable to equity holders in the first quarter to $8 million from $26.2 million.

Loss per share narrowed to $0.027 from $0.088, according to a Thursday Hong Kong bourse filing.

The coal miner's revenue jumped to $169.4 million from $122.9 million in the year-ago period.

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