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

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-- 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.

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