Overview

* Asia Broadband ( AABB ) 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/Mis Actual Consensu

s s

Estimate

Q3 Gross $38 mln

Profit

Press Release:

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(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.)