Rare Earth Magnesium Technology Group Holdings Limited reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was HKD 263.49 million compared to HKD 383.9 million a year ago. Net loss was HKD 423.6 million compared to net income of HKD 1.4 million a year ago.

Basic loss per share from continuing operations was HKD 0.7943.