JL Mag Rare-Earth Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 358.860 million compared to CNY 262.250 million a year ago. Operating income was CNY 31.417 million compared to CNY 26.845 million a year ago. Net income was CNY 26.359 million compared to CNY 24.262 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.07 a year ago.