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Levima Advanced Materials Reports Increased Profitability Amid Revenue Decline

Story Highlights
  • Levima Advanced Materials, a subsidiary of Legend Holdings, reported a 12.13% revenue drop.
  • Despite lower revenue, Levima’s net profit rose by 14.15%, indicating improved profitability.
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Levima Advanced Materials Reports Increased Profitability Amid Revenue Decline

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An update from Legend Holdings Corporation Class H ( (HK:3396) ) is now available.

Levima Advanced Materials Corporation, a subsidiary of Legend Holdings Corporation, has released its 2025 half-year report, showing a 12.13% decrease in revenue compared to the previous year. Despite the drop in revenue, the company reported a 14.15% increase in net profit attributable to shareholders and a 43.21% rise in net profit after non-recurring items, highlighting improved profitability. The report underscores the subsidiary’s financial performance and its impact on Legend Holdings’ overall operations, although it is noted that Levima’s financials are prepared under different accounting standards than the parent company.

More about Legend Holdings Corporation Class H

Legend Holdings Corporation is a joint stock limited company incorporated in the People’s Republic of China. It operates in various industries, with a focus on advanced materials through its subsidiary, Levima Advanced Materials Corporation, which is listed on the Shenzhen Stock Exchange.

Average Trading Volume: 2,037,721

Technical Sentiment Signal: Buy

Current Market Cap: HK$25.68B

See more insights into 3396 stock on TipRanks’ Stock Analysis page.

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