Core Viewpoint - China Rare Earth (000831) reported a decline in third-quarter revenue and net profit, despite a significant increase in year-to-date performance compared to the previous year [1] Financial Performance - Third-quarter revenue was 619 million yuan, a year-on-year decrease of 22.4% [1] - Net profit attributable to shareholders for the third quarter was 30.4752 million yuan, down 26.43% year-on-year [1] - Year-to-date revenue for the first three quarters reached 2.494 billion yuan, an increase of 27.73% compared to the same period last year [1] - Net profit attributable to shareholders for the first three quarters was 192 million yuan, recovering from a loss of 203 million yuan in the same period last year [1] Factors Influencing Performance - The increase in year-to-date revenue was primarily driven by the rebound in rare earth product prices [1] - The company adjusted its sales structure and commenced production at its subsidiaries, contributing to the revenue growth [1]
中国稀土:前三季度净利润1.92亿元 同比扭亏