China Rare Earth H1 Revenue Down 12.19%, Net Profit Up 46.53%
China Rare Earth (000831) reported a 12.19% year-on-year decline in first-half revenue to RMB 1.647 billion, while net profit attributable to shareholders rose 46.53% to RMB 237 million. Basic earnings per share were RMB 0.2233. The company attributed the revenue change to adjusted purchasing and sales strategies, optimized product mix, and trade operations.
China Rare Earth (000831) disclosed its 2026 semi-annual report on August 7. In the first half of the year, the company achieved operating revenue of RMB 1.647 billion, down 12.19% year on year; net profit attributable to shareholders of the listed company was RMB 237 million, up 46.53% year on year. Basic earnings per share were RMB 0.2233.
During the reporting period, the main reasons for the change in operating revenue were adjustments to procurement and sales strategies, optimization of the product structure, and trade operations.
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