China Northern Rare Earth (Group) High-Tech Co.,Ltd reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 16,387.05 million compared to CNY 20,022.19 million a year ago. Revenue was CNY 16,483.09 million compared to CNY 20,128.81 million a year ago.

Net income was CNY 1,055.99 million compared to CNY 3,127.46 million a year ago. Basic earnings per share from continuing operations was CNY 0.2921 compared to CNY 0.865 a year ago. Diluted earnings per share from continuing operations was CNY 0.2921 compared to CNY 0.865 a year ago.