Chinese permanent magnet producer boosts 2016 profits
Published: Tuesday, 11 April 2017
The rare earth permanent magnetic material producer boosted profits in 2016 as it pushed more into high-end markets and new applications.
Chinese permanent magnets producer Beijing Zhong Ke San Huan
High-Tech Co. saw net profit rise 15.22% in 2016 to Chinese
renimbi (Rmb) 316.59m ($45.8m).
Turnover, at Rmb 3.54bn, was up 1.1%...