Lygend Resources Reports Robust Financial Growth in 2024

Lygend Resources & Technology Co., Ltd. Class H ( (HK:2245) ) has shared an announcement.

Lygend Resources & Technology Co., Ltd. announced its financial results for the year ended December 31, 2024, highlighting a substantial increase in revenue and profit. The company’s revenue rose by 38.8% to RMB29,233.0 million, and its profit surged by 86.4% to RMB3,208.8 million compared to the previous year. The gross profit margin also improved, indicating enhanced operational efficiency. The board proposed a final dividend of RMB0.35 per share, reflecting the company’s strong financial performance and commitment to shareholder returns.

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 resources and technology sector. The company focuses on the production and distribution of various resources, contributing significantly to the industry with its innovative technology solutions.

YTD Price Performance: 41.41%

Average Trading Volume: 369,451

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$17.23B

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