HK Stock Market Move | LYGEND RESOURCE (02245) rose by more than 6% after the performance report; annual attributable profit increased by 61.15% year-on-year. The company seized structural opportunities in the Indonesian market.

LYGEND RESOURCE (02245) rose more than 6% after its performance announcement, with a 5.38% increase as of the time of drafting, closing at 19.98 Hong Kong dollars, with a trading volume of 1980.63 million Hong Kong dollars. On the news front, on March 31, LYGEND RESOURCE released its annual performance for the year ending December 31, 2025. The group achieved a revenue of 40.24 billion yuan (units the same), an increase of 37.65% year-on-year; the profit attributable to the owners of the parent company was 2.857 billion yuan, an increase of 61.15% year-on-year; earnings per share were 1.84 yuan; and a final dividend of 0.60 yuan per share was proposed. The announcement stated that the increase in revenue was mainly attributed to the increase in revenue generated by the group's nickel smelting business. As a leading company in the Chinese nickel ore trading sector, the company has leveraged its outstanding resource integration capabilities and deep industry experience to consolidate long-term stable sources while expanding multiple new supply channels, continuously deepening its domestic and international market layout. During the reporting period, in nickel ore trading, the company focused on the incremental demand of domestic general carbon steel plants, further promoting cooperation towards a deeper level on the basis of optimizing customer structure, enhancing synergy levels and value effectiveness. At the same time, it keenly seized structural opportunities in the Indonesian market, accelerated overseas business layout with the support of cutting-edge information analysis, and expanded new space for resource integration.