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China Rare Earth Holdings Limited
CREQF•PNK
Basic Materials
Industrial Materials
$0.19
$-0.07(-27.06%)

The company's financials show resilient growth, with revenue advancing from $375.82M in Q2 2023 to $293.82M in Q2 2024. Gross profit remained healthy with margins at -15% in Q2 2024 compared to -24% in Q2 2023. Operating income hit -$61.69M last quarter, sustaining a consistent -21% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$48.55M. Net income rose to -$60.33M, while earnings per share reached -$0.03. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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