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HKG:2245

4 stories mentioning HKG:2245Updated just now

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Asia

Lygend Resources Expects 26% Increase in 2026 Profitability

Lygend Resources & Technology (HKG:2245) said it expects 3.62 billion yuan in attributable profit for 2026, up 26% from 2.86 billion yuan in 2025, according to a Friday filing with the Hong Kong bourse.Revenue for the year is expected to rise 40% to 56.41 billion yuan, according to the estimate.The company shared the estimates as part of a planned listing on the Shenzhen Stock Exchange.The firm filed for a proposed initial public offering of A shares earlier this year.

HKG:2245
Asia

Lygend Resources Forecasts Up to 75% Boost in Half-Year Profit

Lygend Resources & Technology (HKG:2245) expects attributable profit of between 2.25 billion yuan and 2.5 billion yuan for the six months ending June 30, up 57% to 75% from the year-ago figure of 1.43 billion yuan.Operating revenue is expected to rise by 35% to 49% to between 24.5 billion yuan and 27 billion yuan in the half year from 18.2 billion yuan a year prior, according to a Thursday Hong Kong bourse filing.The forecast came about amid the start of production of the KPS production lines and a rise in product selling prices from January to May, the nickel company said.

HKG:2245
Asia

Lygend Resources' Indonesia Project Starts Commercial Operation; Shares Jump 5%

Lygend Resources & Technology (HKG:2245) said all production lines at the KPS project, the second phase of its RKEF ferronickel project in Indonesia, commenced commercial operation in May, according to a Thursday Hong Kong bourse filing.The KPS project comprises 12 production lines with a designed annual capacity of 185,000 metal tons of ferronickel.The startup means all production lines at the company's Obi Island project are now fully operational, giving Lygend a total annual nickel production capacity of 400,000 metal tons.Shares of the nickel company gained over 5% in Friday morning trade.

HKG:2245
Asia

Lygend Resources & Technology's Profit Hits 1.2 Billion Yuan in Q1; Shares Jump 12%

Lygend Resources & Technology (HKG:2245) posted a net profit attributable to owners of the parent of about 1.2 billion yuan for the first quarter, according to an April 30 Hong Kong bourse filing.Shares of the nickel company gained over 10% in Monday morning trade.Operating revenue was about 10.5 billion yuan for the period, as production ramped up following the commissioning of KPS lines.

HKG:2245

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