May 16 (Reuters) - Kingold Jewelry Inc KGJI.O
* Reiterates guidance of between 50 and 60 metric tons of
24-karat gold processed in 2016.
* In q1, co sold about 14.8 metric tons of 24-karat gold
products, an increase of 20.1% over 12.3 metric tons sold in q1
of 2015.
* Anticipates finishing construction of kingold jewelry
cultural industry park by end of may 2016
* Kingold jewelry reports financial results for the first
quarter ended march 31, 2016
* Q1 earnings per share $0.23
* Q1 sales rose 37 percent to $282.2 million
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