LYGEND RESOURCE announced its interim results, with profit attributable to the owners of the parent company amounting to approximately 1.426 billion yuan, an increase of 143.0% year-on-year
LYGEND RESOURCE announced its mid-term results for 2025, with revenue of approximately 18.1466 billion yuan, a year-on-year increase of 66.8%; profit attributable to the owners of the parent company was approximately 1.426 billion yuan, a year-on-year increase of 143.0%. Earnings per share were 0.92 yuan. The growth in performance was mainly due to a significant increase in the production of nickel-cobalt hydroxide from hydrometallurgical products and nickel-iron from pyrometallurgical products, benefiting from the full production operation of the ONC project and the commissioning of the KPS project. In addition, the company optimized its product structure and cost control, enhancing profitability
According to the Zhitong Finance APP, LYGEND RESOURCE (02245) announced its mid-term results for 2025, with revenue of approximately 18.1466 billion yuan, a year-on-year increase of 66.8%; the profit attributable to the parent company was approximately 1.426 billion yuan, a year-on-year increase of 143.0%. Earnings per share were 0.92 yuan.
The announcement stated that the company's revenue and profit both grew, mainly due to a significant increase in the production of wet smelting products nickel-cobalt hydroxide and pyrometallurgical products nickel-iron during the reporting period, primarily due to the ONC project operating at full capacity and the release of production after the KPS project commenced. In addition, during the reporting period, the company optimized its product structure, refined cost control management, and made technological improvements to optimize production processes, further enhancing profitability
