2 stories mentioning HKG:0526Updated 1h ago
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Lisi Group (HKG:0526) unit Ningbo Lisi Household Products renewed the lease of a factory space and office property in China ahead of its Sept. 30 expiry.The new lease agreement signed with lessor Da Mei (Ningbo) New Materials will be effective for three years starting Oct. 1, 2026, and ending Sept. 30, 2029.
Lisi Group (HKG:0526) expects a net profit of at least 115 million yuan for the year ended March 31, up from 35.7 million yuan a year prior, according to a Tuesday Hong Kong bourse filing.The household product maker attributed the forecast to a decline in a valuation loss from the revaluation of investment properties, as well as lower impairment losses on financial and contract assets.
