Asia Broadband Inc (AABB)

[Davis_Elite]

AABB - Asia Metals Increases Gross Profit Target 20% To $6M As Gold Mine Operations Continue To Expand

$2.75 Million In Gross Profit Reported In First Six Months Of 2019
20% Increase to $6M Announced Today For 2019 Year End Gross Profit
Drill Operations Expansion On Existing Shallow Gold Mine
2 New Gold Mines Expected To Be Acquired By Year End 2019

Las Vegas, NV -- September 5, 2019 -- InvestorsHub NewsWire -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., today released a scheduled management update on the acceleration of the Company’s mining operations expansion activities in 2019. In general, Company management has continued working diligently to implement equipment and facilities upgrades that have increased current operational output on all levels. As a result of the significant production achievements made in the 3rd quarter to date, the Company is anticipating record 3rd quarter results and has increased its 2019 budget by 20% to include a minimum $6 Million annual gross profit projection.

$2.75 Million Gross Profit First Six Months of 2019 and Increased Year End Target

AABB reported $2.75 million in gross profits for the first six months of 2019 through the June 30, 2019. Based on Q3 production to date, management has increased its 2019 budget by 20% to include a minimum $6 Million annual gross profit projection.