China Minmetals Rare Earth expects to see net profit of RMB25-28 million in H1 of 2017
2017-07-14 11:43:53 [Print]
China Minmetals Rare Earth Co
. , Ltd . expected that its net profit attributable to shareholders of the listed company will reach RMB25-28 million in H1 of 2017, turning losses into profits . Prices for some rare earth products have moved up compared with those seen early this year due to the continuous special rectification action in the rare earth industry . Its subsidiary Dingnan Dahua Advanced Material Resources Co . , Ltd . (“DAMR”) has been granted tax rebate of RMB15 million.