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

China Rare Earth Resources And Technology: Net profit rose 160% to ¥172.58 million on 5% revenue growth and strong cash flow

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

Revenue grew 5.11% to ¥3.18 billion and net profit surged 160.15% to ¥172.58 million, with strong cash flow and improved margins. The company proposed a cash dividend and fulfilled most profit commitments, while focusing on resource security and innovation amid industry consolidation.

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