LYGEND RESOURCE Shares Surge Over 5% on Upbeat Interim Profit Forecast

Stock News
Jun 12

Shares of LYGEND RESOURCE (02245) have risen more than 5%.

At the time of writing, the stock was up 4.98% to HK$14.12, with a turnover of HK$218.105 million.

The company has announced that for the period from January to May 2026, its operational scale continued to expand, benefiting from the sequential commissioning of KPS production lines and a further increase in product selling prices.

For the six months ending June 30, 2026, the group anticipates generating operating revenue in the range of approximately RMB 24.50 billion to RMB 27.00 billion, representing a year-on-year increase of about 35.0% to 48.8%.

Net profit attributable to owners of the parent company is forecasted to be between approximately RMB 2.25 billion and RMB 2.50 billion, marking a projected growth of about 57.3% to 74.8% compared to the same period last year.

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