Brief: Kingold Jewelry Q4 earnings per share $0.12

Kingold Jewelry

31/03/2015 21:05

March 31 (Reuters) - Kingold Jewelry Inc  KGJI.O : 
 * Reports financial results for the fourth quarter and year ended December 31, 
   2014 
 * Q4 earnings per share $0.12 
 * Says expects to process between 70 metric tons and 80 metric tons of 24-karat 
   gold products in 2015 
 * Says in 2014, China's gold industry was impacted by a weaker economy and 
   overall decline in gold prices 
 * Says in Q4, Kingold processed approximately 13.2 metric tons of 24-karat gold 
   products, a decrease of 7.7% 
 * Says net sales for the three months ended December 31, 2014 was $209.3 
   million, compared to $317.6 million last year 
 * Anticipates narrowing gold guidance throughout the year, along with providing 
   additional metrics for investors in coming months 
 
* Source text for Eikon  ID:nPn6KbM7T  
 
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