Stock Track | LYGEND RESOURCE Soars 5.22% Intraday on Strong Annual Results and Dividend Announcement

Stock Track09:37

LYGEND RESOURCE's stock surged 5.22% during the intraday session on Wednesday, reflecting strong investor sentiment following the release of the company's annual financial results.

The significant price movement appears to be driven by the company's robust financial performance for the fiscal year 2025. According to the annual report, LYGEND RESOURCE achieved a net profit attributable to owners of RMB 2.857 billion, representing a substantial year-on-year increase of 61.15%. Revenue also grew significantly to RMB 40.24 billion, a 37.65% increase from the previous year, primarily attributed to higher income from the Group's nickel product smelting business.

Adding to the positive news, the company proposed a final ordinary dividend of RMB 0.60 per share for the financial year ended December 31, 2025. This dividend announcement, subject to shareholder approval, provides an additional return to investors and likely contributed to the bullish market reaction during the trading session.

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