Core Viewpoint - China Rare Earth Holdings (03788) reported a revenue of RMB 1.405 billion for the six months ending June 30, 2025, representing a year-on-year increase of 10.77%, while the profit attributable to shareholders decreased by 2.93% to RMB 104 million [1] Financial Performance - The company's revenue for the first half of 2025 was RMB 1.405 billion, up 10.77% year-on-year [1] - The profit for the period was RMB 104.5 million, a decrease of 1.99% compared to the previous year [1] - Earnings per share stood at 5.4 cents [1] Operational Highlights - Production and sales of iron concentrate and high-purity iron exceeded both the previous year and the budget for the period [1] - Despite the overall market conditions leading to lower average selling prices per ton, the company managed to achieve a turnaround in its high-purity iron business, recording a pre-tax profit of RMB 14.96 million, compared to a pre-tax loss of RMB 35.50 million in the same period last year [1] Market Environment - The high-purity iron industry in China is facing intense competition and a general decline in prices [1] - The company is enhancing management levels across the entire process of procurement, production, and sales to meet its strategic goals [1]
中国罕王发布中期业绩，股东应占溢利1.04亿元 同比减少2.93%