In the first half of 2023, Zhenghai Magnetic Material realized total operating revenue of RMB3,157,715,000, representing a year-on-year increase of 14.63%; realized operating profit of RMB261,784,800, representing a year-on-year increase of 14.34%; realized total profit of RMB262,893,200, representing a year-on-year increase of 14.88%; realized net profit attributable to the shareholders of the Company of RMB241,055,900, representing a year-on-year increased by 16.75%; realized basic earnings per share of RMB0.29, increased by 16.00% year-on-year. During the reporting period, the Company focused on its main business, continued to expand its production capacity, overcame the impact of fluctuations in raw material prices and intensified competition in the industry, and, by virtue of its technological leadership and comprehensive competitiveness, actively increased its market share, realizing year-on-year growth in the sales volume of high-performance neodymium-iron-boron permanent magnetic materials, revenue and net profit.
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