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China Northern Rare Earth's 2018 Profit Up, To Boost Units' Capital And Invest 958.8 Mln Yuan In 2019


Friday, 19 Apr 2019 06:57am EDT 

April 19 (Reuters) - China Northern Rare Earth Group High-Tech Co Ltd <600111.SS>::SAYS 2018 NET PROFIT UP 45.5 PERCENT Y/Y AT 583.8 MILLION YUAN ($87.09 million).SAYS IT PLANS TO BOOST TWO UNITS' CAPITAL BY A COMBINED 90.6 MILLION YUAN VIA DEBT-FOR-EQUITY SWAP.SAYS IT SETS 2019 INVESTMENT TARGET AT 958.8 MILLION YUAN. 

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