Asia
JL Mag Rare-Earth's Q1 2026 Profit Jumps 20%; Shares Down 3%
JL Mag Rare-Earth (HKG:6680, SHE:300748) booked 192.8 million yuan in attributable profit for the first quarter of 2026, up 20% from 160.5 million yuan a year earlier, according to preliminary results announced Wednesday.Shares of the magnet maker fell nearly 3% in morning trade Thursday.Basic earnings per share were 0.14 yuan, compared with 0.12 yuan in the prior year.Revenue rose 16% year on year to 2.04 billion yuan, figures from the preliminary data showed.
HKG:6680SHE:300748
