JL Mag Rare-Earth Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 793.345 million compared to CNY 413.131 million a year ago. Operating income was CNY 111.914 million compared to CNY 42.454 million a year ago. Net income was CNY 101.399 million compared to CNY 35.762 million a year ago. Basic earnings per share from continuing operations was CNY 0.24 compared to CNY 0.09 a year ago.