Rare Earth Magnesium Technology Group Holdings Limited reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was HKD 416.06 million compared to HKD 744.84 million a year ago. Net loss was HKD 331.88 million compared to HKD 74.01 million a year ago.

Basic loss per share from continuing operations was HKD 1.008 compared to HKD 0.224 a year ago.