IRVINE, Calif., Jan. 9, 2008 (PRIME NEWSWIRE) -- "In an ever-volatile market, guidance from a public company -- especially a small cap -- can be enormously valuable to an investor," stated SmallCap Sentinel analyst D.R. Clark. "And when that guidance comes in the form of a leading Chinese Bromine producer announcing that management expects to report 2008 revenues of $87 million, net income of approximately $23.5 million and earnings per share of $0.23, it should certainly turn heads. According to a release issued this morning by Gulf Resources Inc. (OTCBB:GFRE), this appears to be exactly the case."
A comprehensive report focusing on GFRE, a leading Bromine producer in the People's Republic of China, and developments in the specialty chemical industry has been published by financial courier StockUpTicks.com and is now available to the general public. The report will address related information of interest to investors of specialty chemical companies including New Oriental Energy (Nasdaq:NOEC), OM Group, Inc. (NYSE:OMG), and The Lubrizol Corporation (NYSE:LZ).
"Investors would be wise to view this report and to continue to follow GFRE as the company works to meet these expectations," Clark added. "Simply add GFRE to your watchlist."
To view the report in its entirety, please visit: http://stockupticks.com/profiles/1-7-08.html
Gulf Resources, Inc. operates through two wholly-owned subsidiaries: SCHC, which is engaged in manufacturing and trading Bromine, which is used to manufacture a wide variety of compounds utilized in industry and agriculture, and Crude Salt in China; and SYCI, which manufactures chemical products utilized in oil & gas field explorations and as papermaking chemical agents.
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