SHANGHAI, Aug. 24 (SMM) – Despite headwinds in rare earth market, China North Rare Earth (Group) High-Tech Co. managed to report growth in both revenues and profit in H1.
The company reported 3.23 billion yuan ($505 million) in revenues during H1 2015, up 35.23% year-on-year. Net profit attributable to shareholders of its listed company increased 1.75% from a year ago to 261 million yuan, it said in its interim report filed to the Shanghai Stock Exchange.
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