Home / Metal News / Rare Earth / Net profit of the world's largest light rare earth supplier rose sharply in 2020, with plans to achieve operating income of 22 billion yuan in 2021
Net profit of the world's largest light rare earth supplier rose sharply in 2020, with plans to achieve operating income of 22 billion yuan in 2021
Apr 20,2021 11:40CST
SMM Insight
Source:SMM
According to China Northern Rare Earth (Group) High-Tech (High-Tech), the net profit attributable to shareholders of the world‘s largest supplier of light rare earth products in 2020 totalled 833 million yuan, a year-on-year increase of 35.1%. Operating income stood at 21.25 billion yuan, up 17.43% year-on-year; basic earnings per share were 0.2303 yuan, up 35.1% year-on-year. In 2021, the company plans to achieve operating income of 22 billion yuan with a total profit of 1 billion yuan.
Please sign in to continue reading the full article for free
Already registered? Sign in
  • Real-Time Alerts
  • Advanced Portfolio Features
  • Personalized Charts
  • Fully-Synced APP
  • Free Publication Preview
  • Weekly News Summary
or
By signing up, you confirm that you've read and accepted our Terms of Service and Privacy Policy .
Rare earth

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news

Rare Earth EVENTS