China Rare Earth Holdings Lessens Losses in 2024

China Rare Earth Holdings (HK:0769) has released an update.

China Rare Earth Holdings Limited reported a reduced gross loss of HK$43,175,000 for the first half of 2024 compared to HK$91,762,000 in the same period the previous year. Overall, the company experienced a decrease in loss for the period, with a loss of HK$62,590,000 in 2024 against HK$135,533,000 in 2023. Despite this, the company still faced a comprehensive loss, including exchange differences on foreign operations.

For further insights into HK:0769 stock, check out TipRanks’ Stock Analysis page.