Rare Earth Magnesium Technology Narrows Loss in H1

MT Newswires Live
2024-09-10

Rare Earth Magnesium Technology Group Holdings (HKG:0601) reported a loss attributable to owners of HK$79.6 million for the six months ended June 30, compared with a loss of HK$113.2 million in the previous year, according to an interim report filed with the Hong Kong Bourse on Tuesday.

Loss per share was HK$0.13, compared with HK$0.28 in the year-ago period.

Revenue for the six months was HK$106.5 million, compared with HK$103 million in the prior year.

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