tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

LX Technology Group Limited Announces Positive Profit Turnaround

Story Highlights
  • LX Technology Group Limited expects a net profit of up to RMB5.0 million for H1 2025.
  • The profit turnaround is due to increased revenue and reduced expenses from digitalization.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
LX Technology Group Limited Announces Positive Profit Turnaround

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

LX Technology Group Limited ( (HK:2436) ) has provided an announcement.

LX Technology Group Limited has announced a significant financial turnaround, expecting to report a net profit of up to RMB5.0 million for the first half of 2025, compared to a net loss of approximately RMB40.6 million in the same period of 2024. This improvement is attributed to increased revenue from expanded services and reduced operating expenses through refined management and digitalization efforts, positioning the company for sustainable growth and value delivery to stakeholders.

More about LX Technology Group Limited

LX Technology Group Limited operates in the technology sector, focusing on expanding its service offerings and enhancing operational efficiency through digitalization.

Average Trading Volume: 3,312

Technical Sentiment Signal: Sell

Current Market Cap: HK$1B

Find detailed analytics on 2436 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1