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flag Gulf Resources reports a 61.8% revenue drop and a net loss in Q3, yet CEO remains optimistic.

flag China-based Gulf Resources, a maker of bromine, crude salt, and chemicals, reported a 61.8% drop in revenues to $2,242,365 for Q3 2024, with a net loss of $3,492,883. flag Bromine revenues fell 68% and crude salt revenues dropped 26%. flag Despite the losses, the company's CEO remains optimistic about China's economic recovery and the firm's future profitability. flag A conference call is scheduled for November 20, 2024, to discuss these results.

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