How will China Rare Earths Operate in The First Half of 2023?

Recently, China Rare Earth released an announcement that the company expects to realize net profit from attributable to mother in the first half of 2023 from 37,055,000 yuan to 53,055,000 yuan, compared with the same period of the previous year 30,469.04 million yuan, it will be reduced by 25,168,000 yuan to 26,768,000 yuan, a year-on-year decrease of 82.60% to 87.85%; deducted net profit of 36,002,000 yuan to 50, 000.02 million yuan, compared with the same period of the previous year 30,029.44 million yuan, will be reduced by 25,029,000 yuan to 26,429,000 yuan, a year-on-year decrease of 83.35% to 88.01%; basic earnings per share of 0.0377 yuan to 0.0540 yuan, compared with the same period of the previous year 0.3106 yuan, a year-on-year decrease of 82.61% to 87.86%.

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