JL Mag Rare-Earth's 2025 Profit Surges 142%

MT Newswires Live

03/26

JL Mag Rare-Earth's (HKG:6680, SHE:300748) net profit attributable to the owners for 2025 surged 142% to 705.6 million yuan from 291 million yuan a year earlier, according to a Hong Kong bourse filing on Wednesday.

The magnet manufacturer's Hong Kong shares climbed 2%, while the Shenzhen shares rose 1% during Thursday's morning trade.

Earnings per share rose year on year to 0.52 yuan from 0.22 yuan.

Revenue jumped 14% to 7.72 billion yuan from 6.76 billion yuan in the previous year.

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