HK Stock Market Move | JL Mag Rare-Earth (06680) rose by over 3% after performance announcement; mid-term net profit attributable to shareholders increased by more than 1.5 times year-on-year; research and development expenses accounted for 4.84% of operating income.

Jl Mag Rare-Earth (06680) rose by over 3% after the performance announcement. As of the time of writing, it increased by 3.16% to 19.99 Hong Kong dollars, with a turnover of 133 million Hong Kong dollars. On the news front, on August 19th, Jl Mag Rare-Earth announced its mid-term performance for 2025. The operating income was approximately 3.507 billion yuan, an increase of 4.33% year-on-year; the net profit attributable to shareholders of the listed company was around 305 million yuan, an increase of 154.81% year-on-year; the net profit attributable to shareholders of the listed company deducting non-recurring gains and losses was 234 million yuan, an increase of 588.18% year-on-year; with a basic earnings per share of 0.22 yuan. In the first half of 2025, the company achieved sales revenue of 1.675 billion yuan in the new energy vehicles and automotive components sector, with a corresponding product sales volume increase of 28.14% year-on-year; sales revenue of 1.05 billion yuan in the variable frequency air conditioning sector, with a corresponding product sales volume increase of 19.85% year-on-year. In addition, the company achieved sales revenue of 214 million yuan in the wind power generation sector; 133 million yuan in the Siasun Robot & Automation and industrial servo motor sector; and 101 million yuan in the 3C sector. In the first half of 2025, the company's research and development expenses were 170 million yuan, accounting for 4.84% of the operating income. The company has mastered independent core technology and patent systems, as of June 30, 2025, including Europe, the United States, Japan, and other overseas regions, with a total of 136 authorized and pending invention and utility model patents.