Miner Asia Broadband's Q3 production up 40%

Reuters11-12

Miner <a href="https://laohu8.com/S/AABB">Asia Broadband</a>'s Q3 production up 40%

Overview

Asia Broadband reports 40% increase in Q3 gold and silver production from Q2
AABB's gold and silver holdings value doubled, unrealized gain of $38 mln

Outlook

Company committed to expanding gold and silver production and holdings quarterly

Result Drivers

PRODUCTION INCREASE - AABB achieved a 40% increase in gold and silver production in Q3 due to added capacity and operational efficiencies
HOLDINGS EXPANSION - Co retained $2 mln from Q3 production to expand its physical gold and silver holdings
HOLDINGS APPRECIATION - AABB's gold and silver holdings have appreciated by $38 mln due to increased precious metal prices

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Gross Profit		$38 mln

Press Release: ID:nGNX3NlVNy

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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