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China Rare Earth Holdings Limited

CREQF•PNK
Basic Materials
Industrial Materials
$0.19
$-0.07(-27.06%)
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Over the last four quarters, China Rare Earth Holdings Limited achieved steady financial progress, growing revenue from $375.82M in Q2 2023 to $293.82M in Q2 2024. Gross profit stayed firm with margins at -15% in Q2 2024 versus -24% in Q2 2023. Operating income totaled -$61.69M in Q2 2024, maintaining a -21% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$48.55M. Net income rose to -$60.33M, with EPS at -$0.03. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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