China Northern Rare Earth High-Tech profits plummet in 2016
Published: Friday, 21 April 2017
Profits at China's leading rare earths producer dropped in 2016 as its sales mix leaned towards lower priced products
China Northern Rare Earth High-Tech Co. recorded lower sales
turnover and net profit in 2016.
Sales turnover fell 21.92% year-on-year to Chinese rmb (Rmb)
5.11 billion while net profit plummeted 72.11% y-o-y to Rmb
90.84 million. ...