Lakala Payment Expects Up to 242% Surge in 2025 Attributable Profit; Shares Soar 20%

MT Newswires Live

01/14

Lakala Payment (SHE:300773) forecasts its attributable profit will surge 202% to 242% to between 1.06 billion yuan and 1.20 billion yuan in 2025 from 351.2 million yuan in 2024.

Shares surged 20% during morning trading on Wednesday.

The upbeat forecast is attributable to improvements in its payment service capabilities, especially with QR code payment transaction amounts, according to a Tuesday filing with the Shenzhen bourse.

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