Gulf Resources Inc. is Today's Focus Stock on MicroStockProfit.com
May 18 2011 - 6:50AM
MicroStockProfit.com announces an investment report featuring Gulf
Resources Inc. (Nasdaq:GFRE). The report includes financial,
comparative and investment analyses, and industry information you
need to know to make an educated investment decision.
The full report is available at:
www.microstockprofit.com/lp/GFRE
Gulf Resources Inc. (GFRE) is a leading manufacturer of bromine,
crude salt and specialty chemical products in China. The Company
operates through its two wholly owned subsidiaries, Shouguang City
Haoyuan Chemical Co. Ltd., which primarily produces and distributes
bromine and crude salt; and Shouguang Yuxin Chemical Industry Co.
Ltd., which focuses on manufacturing and selling chemical products.
Elemental bromine is used to manufacture a wide range of compounds
utilized in manufacturing industries and in agriculture. The
Company's chemical products are currently utilized in a variety of
applications, including oil and gas field exploration, papermaking
chemical agents, wastewater treatment chemicals, and inorganic
chemicals, such as industrial refrigeration chemicals. The Company
has also developed proprietary pharmaceutical intermediary products
that await commercialization. To date, GFRE's products have been
sold only within the People's Republic of China.
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In the report, the analyst notes:
"Shares of GFRE surged in Tuesday's trading after the
China-focused bromine and crude salt producer announced its
financial results for the first quarter of 2011, showing that it
has nearly doubled its net profits over the past year on higher
revenue."
"The Company intends to maximize sales this year in light of
higher bromine prices, while gradually ramping up additional
bromine and crude salt production capacity. It also expects a
higher contribution to growth from its chemical product segment, as
it added capacity from the wastewater treatment chemical additive
production line."
To read the entire report visit:
www.microstockprofit.com/lp/GFRE
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