Lynas Rare Earths Ltd (ASX:LYC) saw its net profit after tax (NPAT) in the first quarter of the 2025 fiscal year plunge by 85%, to $5.9 million (from $39.5M in 1H24), despite an 8% rise in revenue, which came in at $254.3 million.
The company said its earnings (EBITA: earnings before interest, taxes, depreciation and amortization) had also been lower, at $38.1M compared to $62.6M in the prior corresponding period.
CEO and managing director Amanda Lacaze said the dipping numbers were largely due to lower pricing.
“In the December half of the 2025 financial year, Lynas increased NdPr production, sales volume and revenue versus the prior corresponding period,” she explained.
“The reduced profit recorded for the period reflected low market prices.
“Compared to the prior corresponding period, there was a 22% increase in NdPr production volume to 2,969t. Sales revenue increased to $254.3m due to the increased NdPr sales volume.
“This was achieved despite the average China domestic price of NdPr (VAT excluded) decreasing from US$56/kg in December 2023 to US$49/kg in December 2024. NdPr family sales volumes increased by 23% during the period.”
Lynas has been trading at $6.97.
Join the discussion: See what HotCopper users are saying about Lynas Rare Earths and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。