LX TECHNOLOGY Reports 2025 Financial Results with Turnaround to Profit

Stock News
03/27

LX TECHNOLOGY (02436) has announced its financial performance for 2025, revealing a revenue of approximately 2.392 billion yuan, representing a slight increase of about 0.8% compared to the same period in 2024. The company reported a net profit of around 11.1 million yuan, marking a significant turnaround from a loss to a profit year-on-year. On an adjusted basis, profit reached approximately 38.9 million yuan, also reflecting a shift from loss to profitability. Earnings per share stood at 0.04 yuan. According to the announcement, the revenue growth was primarily driven by increased income from the device subscription business and IT technology subscription services. Throughout the reporting year, the group continued to advance its strategic development and operational transformation amidst a dynamic market environment. By consistently optimizing operational efficiency and revenue structure, the company enhanced its overall profitability. As a result of these initiatives, LX TECHNOLOGY successfully achieved a turnaround, moving from a net loss last year to a net profit in the current year. The board of directors attributes this improvement to a comprehensive increase in gross profit across all business segments and ongoing enhancements in operational efficiency, which demonstrate the effectiveness of the group's strategic direction and management execution.

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