HK Stock Market Move | LONKING (03339) rose nearly 3% after the profit was announced. It is expected that the net profit for 2025 will increase by 23% to 31% compared to the previous year, with steady growth in domestic and international sales.

LONKING (03339) rose nearly 3% after profit rebounded, as of press time, it rose 2.23%, to 3.19 Hong Kong dollars, with a turnover of 10.92 million Hong Kong dollars. On the news front, on January 20th, LONKING announced that the Group expects a significant increase in net profit for the fiscal year ending December 31, 2025. The Board of Directors expects net profit for the reporting period to be between RMB 1.25 billion and RMB 1.33 billion, an increase of 23% to 31% compared to the same period last year. The increase in net profit during the reporting period is mainly due to steady growth in domestic and international sales, particularly the further contribution of export business to profits; continued development of new products, with high value-added new products becoming the main driver of profit growth; significant effects of quality improvement, cost control, and efficiency enhancement work, leading to a further increase in overall gross profit margin.