Jl Mag Rare-Earth Co.,Ltd.’s Net Profit Rose 110.3% in First Half of 2022

Jl Mag Rare-Earth Co.,Ltd. (江西金力永磁科技股份有限公司) (300748.SZ) reported a net profit of 463.9 million yuan in the first half of 2022, up 110.3% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, up 82.6% year-on-year.

At the end of the reporting period, it had 10.2 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 36.4%.