FINWIRES · TerminalLIVE
FINWIRES

SHE:300748

3 stories mentioning SHE:300748Updated 33d ago

Every FINWIRES story that references SHE:300748, newest first.

Asia

JL Mag Rare-Earth Forecasts Up to 85% Surge in Q2 Profit

JL Mag Rare-Earth (HKG:6680, SHE:300748) expects an attributable profit of 207.2 million yuan to 267.2 million yuan for the second quarter of 2026, up 43% to 85% from 144.4 million yuan a year prior.For the first half of 2026, attributable profit is expected to rise 31% to 51% to between 400 million yuan and 460 million yuan, according to a Wednesday filing.The magnet maker attributed the forecast mainly to a higher revenue and steady operational performance among other factors.

HKG:6680SHE:300748
Asia

JL Mag Rare-Earth Proposes 9.24% Stake Purchase in Baotou Rare Earth Exchange

Magnet maker JL Mag Rare-Earth (SHE:300748) proposed the acquisition of a 9.24% stake in Baotou Rare Earth Products Exchange from China Northern Rare Earth (SHA:600111) for 22.1 million yuan.The move is expected to boost the company's competitiveness and support the exchange's development into a national-level trading platform, according to a Thursday filing with the Shenzhen bourse.China Northern Rare Earth currently holds 44.56% of the exchange.Shares of JL Mag Rare-Earth rose 1% in recent trade.

SHA:600111SHE:300748
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

Track with the FINWIRES app suite

FolioX
FolioX
Track SHE:300748 in your portfolio
WheelAI
WheelAI
Analyze SHE:300748 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on SHE:300748