Hong Kong-listed company LYGEND RESOURCE (HKEX: 02245) has announced a positive profit forecast. For the six-month period concluding on June 30, 2026, the company anticipates achieving substantial growth.

The projected revenue for the period is estimated to be between approximately RMB 245.0 billion and RMB 270.0 billion. This represents a significant increase of about 35.0% to 48.8% compared to the revenue of approximately RMB 181.5 billion recorded for the same six-month period ending June 30, 2025.

Furthermore, the net profit attributable to the company's owners is forecasted to be in the range of roughly RMB 22.5 billion to RMB 25.0 billion. This indicates a robust year-on-year growth of approximately 57.3% to 74.8% from the RMB 14.3 billion profit achieved in the corresponding period of the previous year.

The company attributes this expected strong performance to the progressive commissioning of its KPS production lines and a further increase in product selling prices during the period from January to May 2026. These factors have contributed to the continued expansion of its operational scale.