LX Technology (02436) announced that the group expects to achieve a net profit of no more than 5 million yuan for the first half of 2025, representing a significant improvement from the net loss of approximately 40.6 million yuan in the same period of 2024.
According to the board of directors, the substantial turnaround from loss to profit during this period was primarily attributed to the group's continued expansion of service scale, with revenue increasing by no less than 150 million yuan compared to approximately 943 million yuan in the same period of 2024. Additionally, the company implemented refined expense management measures and process optimization across various business segments, and enhanced operational efficiency through digitalization, resulting in total operating expenses decreasing by no less than 20 million yuan compared to approximately 139 million yuan in the same period of 2024.