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Rare Earth Magnesium expects HY2026 net loss of HK$45 million-HK$65 million

PUBT·08/19/2026 13:17:50
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Rare Earth Magnesium expects HY2026 net loss of HK$45 million-HK$65 million
  • Rare Earth Magnesium expects HY2026 net loss of HK$45 million to HK$65 million, versus HK$65.3 million loss a year earlier.
  • Revenue forecast at about HK$30.5 million, down about 67.5% on weaker magnesium sales volumes in a soft market.
  • Gross loss expected to persist, though narrower on lower sales; net loss outlook seen broadly comparable with HY2025.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rare Earth Magnesium Technology Group Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260819-12290980), on August 19, 2026, and is solely responsible for the information contained therein.