LONKING Forecasts Interim Profit Growth Between 16% and 27%

Stock News07-20 18:28

LONKING (03339) has announced a positive profit alert, forecasting an increase in net profit for the first half of 2026.

The company expects to achieve a net profit in the range of RMB 730 million to RMB 800 million for the period.

This projected result represents a year-on-year increase of between 16% and 27%.

The anticipated profit growth is primarily attributed to the group's significant efforts in developing and refining its diverse product lines.

Furthermore, the company's continuous expansion into both domestic and international markets has contributed to steady growth in production and sales volume during the reporting period.

Additionally, the group's initiatives to enhance product quality and control costs have proven effective, leading to an improvement in the comprehensive gross profit margin of its products compared to the same period last year.

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