SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance CentreAnnouncements
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceCokeCoalPig IronSteel BilletFinished Steel
New Energy
New Energy
SolarLithiumCobaltCathode MaterialPhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / Rare Earth Producer Rising Nonferrous Expects to Turn to Profit in 2014

Rare Earth Producer Rising Nonferrous Expects to Turn to Profit in 2014

iconJan 19, 2015 16:29
Chinese rare earth producer Rising Nonferrous Metals Group Co. says the sharp rise in sales revenue will bring it back to profitability in 2014.

SHANGHAI, Jan. 19 (SMM) – China’s Rising Nonferrous Metals Group Co. says the sharp rise in sales revenue will bring it back to profitability in 2014, according to its statement filed to the Shanghai Stock Exchange.

Rising Nonferrous expects to earn a net profit of 15-20 million yuan ($2.4-3.3 million) for the fiscal year of 2014, compared with a 78.7-million-yuan loss in 2013.

Sharp increase in sales income and rising non-operating revenue are considered the major contributors to the turnaround.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 
 

Rising Nonferrous Metals Group Co.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All
MOST POPULAR
1.China Lithium Market Dynamics and Lithium Procurement Study
2.Battery Recycling Technology Understanding
3.Solid State Battery Market
4. China Scrap Steel Quality Analysis
5.China Scrap Steel Cost Curve
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.