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SouthGobi Resources swings to Q3 2026 net profit of USD 19.71 million from year-earlier loss
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SouthGobi Resources swings to Q3 2026 net profit of USD 19.71 million from year-earlier loss
  • SouthGobi Resources swung to third-quarter 2026 net profit attributable to shareholders of USD 19.71 million from a year-earlier loss.
  • Revenue climbed 60% year over year to USD 238.2 million, helped by higher sales volume.
  • Average realized selling price rose 49% year over year to USD 72.86 per tonne, supported by a higher premium-coal share.
  • A USD 322.3 million working capital deficiency at September 30 contributed to significant doubt about its ability to continue operating.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SouthGobi Resources Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261113-12412129), on November 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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