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Northern Rare Earth's H1 2026 Net Profit Up 120.46%, Revenue Up 36.75%

Published: Updated: By 24TopNews Editorial Desk

Northern Rare Earth released its 2026 semi-annual report. In the first half of the year, total operating revenue reached RMB 25.799 billion, up 36.75% year on year. Net profit attributable to shareholders of the parent company was RMB 2.053 billion, an increase of 120.46% year on year. Basic earnings per share were RMB 0.5679, also up 120.46%.

In the second quarter, operating revenue totaled RMB 13.94 billion, up 45.53% year on year, while net profit attributable to shareholders of the parent company reached RMB 1.135 billion, up 126.77% year on year.