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Northern Rare Earth gain 109 million of net profit in the first quarter of 2018
Wang.C.S  2018.05.10



In April 27th, Northern Rare Earth (600111) issue the Q1 report of 2018. The company achieved 3.20 billion yuan in the first quarter of 2018, with an increase of 56.53 percent; the average revenue growth rate of the nonferrous smelting processing industry was 15.51%, net profit attributable to the shareholders of listed companies was 109 million yuan, growing 46.41 percent year-on-year. The average growth rate of net profit for the non-ferrous smelting processing industry was 93.53 percent, and earnings per share of the company was 0.03 yuan.

Northern Rare Earth (Group) High-Tech Co., Ltd is a high-tech enterprise group with across regions, multi-ownership and diverse fields, it has a complete industrial chain of rare earth mineral processing, smelting, functional materials and deep processing and application products.
 
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