Business
China Rare Earth Resources And Technology: Net profit rose 160% to ¥172.58 million on 5% revenue growth and strong cash flow
China Rare Earth Resources And Technology: Net profit rose 160% to ¥172.58 million on 5% revenue growth and strong cash flow
About this update from 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.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.