China Northern Rare Earth (Group) High-Tech Co.,Ltd reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 5,761.71 million compared to CNY 9,231.35 million a year ago. Revenue was CNY 5,761.71 million compared to CNY 9,231.35 million a year ago.

Net income was CNY 52.05 million compared to CNY 921.91 million a year ago. Basic earnings per share from continuing operations was CNY 0.0144 compared to CNY 0.255 a year ago. Diluted earnings per share from continuing operations was CNY 0.0144 compared to CNY 0.255 a year ago.