China Rare Earth Resources And Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 301.56 million compared to CNY 1,670.06 million a year ago. Revenue was CNY 301.56 million compared to CNY 1,670.06 million a year ago.

Net loss was CNY 288.76 million compared to net income of CNY 108.97 million a year ago. Basic loss per share from continuing operations was CNY 0.2721 compared to basic earnings per share from continuing operations of CNY 0.1027 a year ago. Diluted loss per share from continuing operations was CNY 0.2721 compared to diluted earnings per share from continuing operations of CNY 0.1027 a year ago.