JL MAG sees net profit up by 5.93% YOY to RMB67.0676 million in H1 of 2017
2017-09-01 17:28:41 [Print]
JL MAG (835009) released the semi-annual report on 30 August. It is reported that the company earned an operating revenue of RMB378 million in H1 of 2017, down by 9.90% YOY, and net profit of RMB67.0676 million, up by 5.93% YOY.
The net profit of the company attributable to shareholders of its parent company rose by 5.93% YOY, owing to the increase in other revenues from the governmental subsidy.
The company was listed on New OCT on 18 December, 2015 and mainly works on the research & development, production and sales of rare earth permanent magnet materials.
The net profit of the company attributable to shareholders of its parent company rose by 5.93% YOY, owing to the increase in other revenues from the governmental subsidy.
The company was listed on New OCT on 18 December, 2015 and mainly works on the research & development, production and sales of rare earth permanent magnet materials.
