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Legend Holdings Subsidiary Levima Posts Strong First-Quarter 2026 Results

Story Highlights
  • Legend Holdings’ subsidiary Levima Advanced Materials released its first-quarter 2026 unaudited results under Chinese accounting standards, with management stressing these figures reflect only part of the group and differ from the parent’s IFRS-based reporting.
  • Levima delivered a robust first quarter, with revenue jumping 45.93%, net profit more than doubling, operating cash flow surging, and both assets and shareholders’ equity rising, highlighting strengthened financial momentum in the advanced materials business.
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Legend Holdings Subsidiary Levima Posts Strong First-Quarter 2026 Results

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Legend Holdings Corporation Class H ( (HK:3396) ) just unveiled an update.

Legend Holdings has notified investors that its subsidiary Levima Advanced Materials Corporation has released its unaudited first-quarter 2026 results, prepared under China Accounting Standards and available on the Shenzhen Stock Exchange and CNINFO platforms. The company cautioned that Levima’s figures, while showing strong growth, reflect only one part of Legend Holdings’ broader business and are not directly comparable with the parent’s IFRS-based accounts.

Levima reported a sharp year-on-year improvement in performance for the three months to March 31, 2026, with revenue up 45.93% to RMB 2.25 billion and net profit attributable to shareholders more than doubling to RMB 144.7 million. Operating cash flow surged over sixfold, basic and diluted earnings per share rose to RMB 0.11, and total assets and shareholders’ equity both increased, underscoring a solid start to the year that could bolster the subsidiary’s standing within Legend’s portfolio and in China’s advanced materials sector.

More about Legend Holdings Corporation Class H

Legend Holdings Corporation is a Hong Kong-listed investment holding company incorporated in the People’s Republic of China, with a diversified portfolio that includes Levima Advanced Materials Corporation, a Shenzhen-listed chemicals and materials producer. Levima focuses on advanced materials and related chemical products, and contributes a portion of Legend Holdings’ overall consolidated financial performance.

Average Trading Volume: 3,761,239

Technical Sentiment Signal: Buy

Current Market Cap: HK$22.24B

For an in-depth examination of 3396 stock, go to TipRanks’ Overview page.

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