How Were Shenghe Resources’ Operations in The First Half of 2023?

In the first half of 2023, Shenghe Resources realized operating revenue of 8.557 billion yuan, down 2.33% year-on-year; net profit attributable to mother of 83.9765 million yuan, down 93.77% year-on-year; deducted net profit of 28.075 million yuan, down 97.94% year-on-year; basic earnings per share of 0.0479 yuan; at the end of the reporting period, total assets of 15.130 billion yuan, down 2.64% year-on-year. In the second quarter of 2023, the company produced 3,539.96 tons of rare earth oxides and sold 1,276.45 tons, with revenue of $754,233,741.06.

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