LONKING Shares Surge Over 16% in Morning Session Following Strong Annual Profit Growth

Deep News03-27

LONKING (03339) saw its shares rise more than 16% during the morning trading session. At the time of writing, the stock had increased by 15.79%, reaching a price of HK$3.08, with a trading turnover of HK$81.38 million.

The company announced its 2025 financial results, reporting revenue of approximately RMB 11.215 billion, a year-on-year increase of 9.81%. Profit attributable to owners of the parent company was about RMB 1.3 billion, up 27.70% compared to the previous year. A final dividend of HK$0.20 per share was declared.

The growth in revenue was primarily driven by strong performance across multiple product lines and successful expansion into overseas markets. The increase in net profit was attributed to steady growth in both domestic and international sales, with export business making a more significant contribution to earnings. Continuous development of new products, particularly high-value-added offerings, served as a major driver of profit growth. Efforts to improve quality, control costs, and enhance efficiency yielded significant results, leading to a further improvement in the comprehensive gross profit margin of products.

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