Lygend Resources Expects H1 2026 Revenue Up 35%-49%, Net Profit Surging up to 74.8%

Bulletin Express
06/11

Lygend Resources & Technology Co., Ltd. projects a sharp earnings upturn for the six months ending 30 June 2026, driven by new production capacity and higher selling prices.

The company estimates operating revenue will reach RMB24.50 billion–RMB27.00 billion, representing year-on-year growth of approximately 35.0%–48.8% versus the RMB18.15 billion posted in the prior-year period.

Net profit attributable to owners of the parent is forecast at RMB2.25 billion–RMB2.50 billion, a surge of about 57.3%–74.8% from RMB1.43 billion a year earlier.

Management attributes the performance to: 1. Progressive commissioning of KPS production lines since January 2026, expanding operating scale. 2. Further increases in product selling prices during the period.

The figures are based on the Group’s unaudited consolidated management accounts for the five months ended 31 May 2026 and other currently available information. Audited interim results are scheduled for release in August 2026.

Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities, as the disclosed figures remain subject to review.

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