Chengzheng Rare Earth sees operating revenues increase by 131% YOY to RMB46.04 million in H1 of 2017
2017-08-30 18:04:43 [Print]
According to the 2017 semi-annual report recently announced by Chengzheng Rare Earth (833728), the company saw operating revenues of about RMB46.04 million in H1 of 2017, up by about 130.54% compared with those in the same period of last year; net profits belonging to shareholders of the listed companies reached about RMB1.88 million, down by around 23.88% compared with those in the same period of last year.
The report showed that Chengzheng Rare Earth firmly grasped the market competition situation to innovate production research and development, improve technology, optimize product structure, increase marketing efforts and raise management level. At present, prices for rare earth will hold an upward trend, NdFeB prices will also rise accordingly. Sales of NdFeB permanent magnetic materials were the main business income of the company in H1 of 2017.
Statistics show that the company is a high-tech enterprise which deals with deep processing and trade of rare earth and belongs to nonferrous metals smelting and rolling industry. It is a manufacturer which produces high-performance sintering NdFeB rare earth permanent magnetic materials. The main businesses of the company are calcined processing of rare earth products, sales of single rare earth oxide, R&D, producing and processing, and sales of permanent magnetic materials, and R&D, producing and processing, sales and service of rare earth permanent magnetic machines.
The report showed that Chengzheng Rare Earth firmly grasped the market competition situation to innovate production research and development, improve technology, optimize product structure, increase marketing efforts and raise management level. At present, prices for rare earth will hold an upward trend, NdFeB prices will also rise accordingly. Sales of NdFeB permanent magnetic materials were the main business income of the company in H1 of 2017.
Statistics show that the company is a high-tech enterprise which deals with deep processing and trade of rare earth and belongs to nonferrous metals smelting and rolling industry. It is a manufacturer which produces high-performance sintering NdFeB rare earth permanent magnetic materials. The main businesses of the company are calcined processing of rare earth products, sales of single rare earth oxide, R&D, producing and processing, and sales of permanent magnetic materials, and R&D, producing and processing, sales and service of rare earth permanent magnetic machines.
