LONKING (03339) announces profit growth, expecting a significant increase in annual net profit compared to the previous year.
China Dragon (03339) has announced that the Group expects a significant increase in net profit for the year ending December 31, 2025. The Board of Directors anticipates a net profit for the reporting period of approximately RMB 1.25 billion to RMB 1.33 billion, an increase of 23% to 31% compared to the same period last year.
LONKING (03339) announced that the group expects a significant increase in net profit for the year ending December 31, 2025. The Board of Directors estimates that the net profit for the current reporting period will be between RMB 12.5 billion to RMB 13.3 billion, an increase of 23% to 31% compared to the same period last year.
The increase in net profit for the current reporting period is mainly due to steady growth in domestic and international sales, with the export business making a further contribution to profitability; continued development of new products, with high value-added products becoming the main driver of profit growth; and significant improvement in quality, cost control, and efficiency, leading to a further increase in comprehensive gross profit margin.
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