China Rare Earth Resources And Technology Co., Ltd. Class ASZSE: 000831

China Rare Earth Resources And Technology: Net loss of ¥203 million on 45% lower revenue, with major share repurchase underway

· Issued by China Rare Earth Resources And Technology Co., Ltd. Class A

Revenue fell 45% year-over-year to ¥1.95 billion, with a net loss of ¥203 million due to rare earth price declines and inventory write-downs. The company is executing a major share repurchase and dividend payout amid challenging market conditions.

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