Rising Nonferrous' turnover doubled with rising rare earth sales and prices in H1 2017
2017-08-31 17:54:58 [Print]
Rising Nonferrous released a semi-annual report on the evening of August 30
. The report showed that the company achieved RMB2 . 686 billion of turnover in H1 2017, up by 104% YOY, mainly supported by increasing sales and prices for rare earth during the reporting period . The net profit was RMB32 . 27 million of losses, down by RMB68 . 63 million based on the figure of over RMB100 million during the same period of the previous year.