Northern Rare Earth Group's annual report to greatly increase by 308%-352%
2018-01-23 11:56:25 [Print]
Northern Rare Earth Group announced on the evening of January 22 that the company's net profit attributable to shareholders of listed companies would increase by RMB280 million to RMB320 million, up by 308% to 352% YOY
. The current increase of performance is mainly due to the growth of the main business . In FY 2017, the supply and demand of rare earth products improved due to the continuous implementation of a series of national governance policies on rare earth industry. The prices of rare earth products have experienced the ups and downs of the latter after the slow rise, rapid rise and slowdown