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Lingbao Gold Co Ltd (LGBOF/LGBOF.PK) Penny Investment Summary:

Lingbao Gold Company Ltd., together with its subsidiaries, engages in the mining, processing, smelting, and sale of gold and other metallic products in the People's Republic of China. Its products include gold, silver, copper products, copper foils, copper cords, and sulphuric acid. The company primarily owns 55 mining and exploration rights with a total area of 1,310.84 square kilometers in the regions of Henan, Xinjiang, Jiangxi, Inner Mongolia, Gansu, and Kyrgyz Republic in the People's Republic of China. The company also involves in the production and sale of precious metal products; sale of machinery, equipment, and components for gold processing; and processing of metallurgy products. Lingbao Gold Company Ltd. is based in Lingbao, the People's Republic of China.
6,557 Employees
Last Reported Date: 04/16/14
Last $0.14 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 4:30 PM 06/16/14 All times are local (Market data is delayed by at least 15 minutes).

lingbao gold co ltd-h (LGBOF) Snapshot

Open
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Previous Close
$0.14
Day High
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Day Low
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52 Week High
11/21/13 - $0.21
52 Week Low
06/16/14 - $0.14
Market Cap
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Average Volume 10 Days
0.0
EPS TTM
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Shares Outstanding
297.3M
EX-Date
06/5/14
P/E TM
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Dividend
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Dividend Yield
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lingbao gold co ltd-h (LGBOF) Key Developments

Lingbao Gold Co., Ltd. Provides Financial Guidance for the Six Months Ended June 30, 2014

The board of directors of Lingbao Gold Company Ltd. informed the shareholders of the company and potential investors that the financial results of the Group is expected to record a profit for the six months ended 30 June 2014 as compared to a loss with the corresponding period last year. Such expected increases are mainly due to the significant decrease in the write-down in value of inventory as compared to the corresponding period last year and reversal of previous year write-down in value of inventory.

Lingbao Gold Co., Ltd. Approves Amendments to its Articles of Association

Lingbao Gold Co., Ltd. board announced that at the AGM held on 5 June 2014, the shareholders approved the proposed amendments to the articles of association.

Lingbao Gold Company Ltd. Report Unaudited Group and Company Earnings Results for the First Quarter Ended March 31, 2014

Lingbao Gold Company Ltd. reported unaudited group and company earnings results for the first quarter ended March 31, 2014. For the quarter, the group reported total operating revenue of RMB 1,446,637,590.37 against RMB 1,533,086,411.94 a year ago. Operating profit was RMB 12,770,216.06 against operating loss of RMB 75,707,290.65 a year ago. Net profit attributable to equity holders of the parent company was RMB 16,486,717.45 or 0.02 cents per basic and diluted share against loss attributable to equity holders of the parent company of RMB 69,930,579.11 or 0.09 cents per basic and diluted share a year ago. Net cash flows from operating activities were RMB 48,266,664.98 against RMB 170,893,002.71 a year ago. Cash paid for acquisition of fixed assets, intangible assets and other long-term assets RMB 48,277,425.75 against RMB 94,679,035.88 a year ago. For the quarter, the company reported total operating revenue of RMB 1,229,641,553.66 against RMB 1,402,015,193.40 a year ago. Operating profit was RMB 25,164,080.04 against operating loss of RMB 83,612,229.57 a year ago. Net profit attributable to equity holders of the parent company was RMB 27,301,694.28 against loss attributable to equity holders of the parent company of RMB 79,847,392.46 a year ago. Net cash flows from operating activities were RMB 6,173,677.98 against RMB 105,681,900.91 a year ago. Cash paid for acquisition of fixed assets, intangible assets and other long-term assets RMB 22,592,777.65 against RMB 21,254,592.81 a year ago.

Lingbao Gold Co Ltd financial resources

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