JL Mag Rare-Earth Co., Ltd. provided earnings guidance for the period ended June 30, 2022. For the period, the company expects Net profit attributable to the shareholders of the listed company Increased by 100% to 130% as compared with the same period last year. Profit to be RMB 440,684,800 to RMB 506,787,500.

Revenue is expected to increase by 60% to 100% as compared with the same period last year, reaching RMB 2,894,135,800 to RMB 3,617,669,700.