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Revenues Not Telling The Story For Rare Earth Magnesium Technology Group Holdings Limited (HKG:601) After Shares Rise 30%
Rare Earth Magnesium Technology Group Holdings Limited (HKG:601) shares have had a really impressive month, gaining 30% after a shaky period beforehand. Still, the 30-day jump doesn't change the fa
Simply Wall StApr 6 20:17 ET
REMT Swings to Fiscal 2023 Loss
Rare Earth Magnesium Technology or REMT (HKG:0601) incurred an attributable loss of HK$423.6 million for the year ended Dec. 31, 2023, as compared to an attributable profit of HK$1.4 million during th
MT NewswiresApr 3 06:28 ET
Chinese Court to Hold Second Auction of Assets of REMT's Unit After First Auction Fails
A Chinese court will hold a second auction of assets of Rare Earth Magnesium Technology Group Holdings or REMT's (HKG:0601) unit Baishan Tianan Magnesium Metal Mining, a Tuesday filing on the Hong Kon
MT NewswiresApr 2 08:32 ET
Magnesium Technology (00601) Baishan Tianan Assets will be auctioned for the second time from April 16 to 17
According to Zhitong Finance App News, Magnesium Technology (00601) issued an announcement. Following the auction of Baishan Tianan assets from March 10, 2024 to March 11, 2024, the Group received a notice from the Baishan Court on April 2, 2024. Baishan Tianan Assets will hold a second auction from 10:00 on April 16, 2024 to 10:00 on April 17, 2024 (excluding delays), with a starting price of about RMB 106 million. As revealed in the results announcement as of December 31, 2023, Baishan Tianan's production capacity has been idle for many years, and the Group's business operations are still running normally.
Zhitong FinanceApr 2 06:11 ET
REMT: 2023 ANNUAL RESULTS ANNOUNCEMENT
Futu NewsMar 28 10:33 ET · Announcements
Rare Earth Magnesium Technology Forecasts Swing to Loss in 2023; Shares Down 7%
Rare Earth Magnesium Technology Group Holdings (HKG:0601) expects a net loss of about HK$410 million to HK$430 million for the year ended Dec. 31, 2023, compared with a net profit of about HK$1.4 mill
MT NewswiresMar 19 02:58 ET
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