Liaogang Co., Ltd.: Net profit in the first half of 2025 increased by 110.78% year-on-year.
Liaogang Corporation announced that in the first half of 2025, the total operating income reached 5.693 billion yuan, a year-on-year increase of 5.93%; the net profit was 956 million yuan, a year-on-year increase of 110.78%. This was mainly attributed to the increase in income from oil products and container business, increased investment income from joint venture enterprises, as well as the reversal of credit impairment losses from the recovery of long-term receivables.
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