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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.
6,320 Employees
Last Reported Date: 08/27/14
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. Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014

Lingbao Gold Co., Ltd. announced unaudited consolidated earnings results for the six months ended June 30, 2014. For the six months, the company reported turnover was RMB 3,208,464,000 compared to RMB 3,932,547,000 for the same period a year ago. Profit before tax was RMB 24,989,000 compared to loss before tax of RMB 487,426,000 for the same period a year ago. Profit attributable to owners of the company was RMB 17,398,000 or 2 cents per basic and diluted share compared to loss attributable to owners of the company of RMB 375,426,000 or 49 cents per basic and diluted share for the same period a year ago. Profit from operations was RMB 140,790,000 compared to loss from operations was RMB 368,387,000 for the same period a year ago. In the first half of 2014, the Group recorded profit as compared with loss recorded in the corresponding period of the previous year. In the corresponding period of the previous year, the gold price dropped significantly resulted in the high cost in inventory which lead to the selling price of gold bullion below its production cost and a write-down of inventory values of RMB 206,112,000. In the first half of 2014, gold price ranging from approximately USD 1,200 to USD 1,390 per ounce in an upward trend, which lead to the selling price of gold bullion above its production cost. The write-down of inventory values for the first half of 2014 was RMB 1,573,000. Capital expenditures during the period was approximately RMB 154,092,000, including those in relation to the acquisition of fixed assets and construction in progress of approximately RMB 148,205,000, and acquisition of intangible assets of approximately RMB 5,887,000.

Lingbao Gold Co., Ltd. to Report First Half, 2014 Results on Aug 27, 2014

Lingbao Gold Co., Ltd. announced that they will report first half, 2014 results on Aug 27, 2014

Lingbao Gold Co., Ltd., Board Meeting, Aug 27, 2014

Lingbao Gold Co., Ltd., Board Meeting, Aug 27, 2014. Agenda: To approve the interim results of the company and its subsidiaries for the six months ended June 30, 2014.

Lingbao Gold Co Ltd financial resources

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