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

China Rare Earth Resources And Technology: Revenue up 62% and net profit turned positive on rare earth price rebound and cost reversals

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

Revenue surged 62% year-over-year to ¥1.88 billion, with net profit rebounding to ¥161.7 million, driven by rare earth price recovery and inventory write-down reversals. Key projects advanced and a major equity transfer was completed without affecting control.

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