Rare Earth Magnesium Technology Group Holdings Limited reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was HKD 103 million compared to HKD 238.94 million a year ago. Net loss was HKD 113.24 million compared to HKD 96.19 million a year ago.

Basic loss per share from continuing operations was HKD 0.28 compared to HKD 0.292 a year ago.