Rare Earth Magnesium Technology Group Holdings Limited provided unaudited consolidated group earnings guidance for the six months ended 30 June 2023. For the period, the group expects the revenue to be around HKD 103 million (first half of 2022: HKD 239 million), representing a decrease of approximately 57% year-on-year. The group expects to record a net loss ranging from approximately HKD 110 million to HKD 120 million, while the net loss for the same period last year was approximately HKD 96 million.
Rare Earth Magnesium Technology Group Holdings Limited
Equities
601
BMG7386W2000
Specialty Mining & Metals
Market Closed -
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5-day change | 1st Jan Change | ||
0.058 HKD | 0.00% | -3.33% | -19.44% |
Apr. 03 | REMT Swings to Fiscal 2023 Loss | MT |
Apr. 02 | Chinese Court to Hold Second Auction of Assets of REMT's Unit After First Auction Fails | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-19.44% | 4.4M | |
-.--% | 7.2B | |
-13.48% | 6.68B | |
+1.30% | 4.11B | |
-5.18% | 3.99B | |
+29.11% | 3.89B | |
+40.94% | 3.61B | |
-25.51% | 3.56B | |
-9.84% | 3.15B | |
-17.22% | 2.55B |
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- Rare Earth Magnesium Technology Group Holdings Limited Provides Unaudited Consolidated Group Earnings Guidance for the Six Months Ended 30 June 2023