Brief: Southgobi Resources Says Recorded A $0.2 Mln Loss From Operations In Q1
06/06/2022 14:40
June 6 (Reuters) - SouthGobi Resources Ltd SGQ.TO :
* RECORDED A $0.2 MILLION LOSS FROM OPERATIONS IN Q1 VERSUS
PROFIT
$7.5 MILLION
* SEES REVENUE, LIQUIDITY & PROFITABILITY TO BE IMPACTED
UNTIL
COAL EXPORTS INTO CHINA ARE ALLOWED TO RESUME AT NORMAL LEVELS
* ANTICIPATES IT WILL CONTINUE TO BE NEGATIVELY IMPACTED BY
COVID-19 PANDEMIC FOR FORESEEABLE FUTURE
Source text for Eikon: ID:nHKS7Z0l6f
Further company coverage: SGQ.TO
((Reuters.Briefs@thomsonreuters.com;))
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