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The latest update is out from Lygend Resources & Technology Co., Ltd. Class H ( (HK:2245) ).
Lygend Resources & Technology Co., Ltd. has issued a positive profit alert, expecting a significant increase in profit for the first half of 2025, ranging between RMB1,200 million to RMB1,500 million, marking a rise of approximately 104.4% to 155.5% compared to the previous year. This growth is attributed to the increased production capacity from its ONC and KPS projects, alongside improvements in cost management and production processes, which have bolstered the company’s profitability.
More about Lygend Resources & Technology Co., Ltd. Class H
Lygend Resources & Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the resource and technology sector. The company focuses on hydrometallurgical and pyrometallurgical projects, optimizing production processes and product mix to enhance profitability.
Average Trading Volume: 371,337
Technical Sentiment Signal: Buy
Current Market Cap: HK$18.24B
See more insights into 2245 stock on TipRanks’ Stock Analysis page.