SouthGobi Resources (HKG:1878) posted a net loss attributable to equity holders of $22.8 million for the quarter ended June 30, compared with a loss of $2.1 million a year earlier, according to a Thursday Hong Kong bourse filing.
Shares of the mining firm were down nearly 2% in Friday morning trade.
Loss per share came in at $0.077, compared with a loss of $0.007 last year.
Revenue rose to $155.3 million from $92.8 million a year earlier.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.