FilingReader Intelligence

Northern Rare Earth reports RMB 1.8bn profit on environmental push

July 23, 2025 at 05:16 AM UTCBy FilingReader AI

China Northern Rare Earth reported total profit of RMB 1.837 billion on revenues of RMB 32.966 billion in 2024, with total assets reaching RMB 45.381 billion.

The company invested RMB 648 million in environmental protection, achieving a 91.66% environmental management certification rate across its entities.

R&D expenditure totaled RMB 1.604 billion, representing 5.11% of revenue. The product on-time delivery rate stood at 100%.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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