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Home / Metal News / Minmetals Rare Earth’s Net Profit Soars in H1 2017

Minmetals Rare Earth’s Net Profit Soars in H1 2017

iconAug 15, 2017 17:04
Source:SMM
China Minmetals Rare Earth Co. reported a surge in its net profit in H1 2017.

SHANGHAI, Aug. 15 (SMM) – China Minmetals Rare Earth Co. reported a surge in its net profit in H1 2017.

NdFeB Producers Suffer from Rising Rare Earth Prices and Oversupply

The company reported 276.57 million in revenues in H1 2017, up 232.38% year-on-year, and 26.42 million in net profit, up 173.19% year-on-year. 

Pangang Vanadium Titanium Reverses Losses in H1 2017 after Restructuring 

Earnings per share were 0.0269 yuan in H1 2017, versus -0.0368 yuan a year ago. 

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China Minmetals Rare Earth Co.

For queries, please contact William Gu at williamgu@smm.cn

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