Legend Holdings’ subsidiary Levima Advanced Materials: 1H 2026 net profit up 165.7% on 84.3% revenue surge

Bulletin Express08-18 07:47

Legend Holdings Corporation (Legend Holdings) announced that its Shenzhen-listed subsidiary, Levima Advanced Materials Corporation (Levima Advanced Materials), released unaudited results for the six months ended 30 June 2026.

Levima Advanced Materials reported revenue of RMB 5.37 billion, an 84.31% jump from RMB 2.91 billion a year earlier. Net profit attributable to shareholders rose 165.68% year on year to RMB 426.87 million, while profit excluding non-recurring items advanced 165.95% to RMB 424.93 million.

Basic and diluted earnings per share increased to RMB 0.32 from RMB 0.12, and the weighted average return on net assets improved to 5.59% from 2.20%. Net cash flow from operating activities more than doubled, reaching RMB 636.11 million, up 144.72% versus the prior-year period.

As of 30 June 2026, total assets stood at RMB 26.92 billion, 9.57% higher than at end-2025. Net assets attributable to shareholders rose 4.89% to RMB 7.80 billion.

Legend Holdings stressed that Levima Advanced Materials is only one of its subsidiaries and that the figures above, prepared under China Accounting Standards for Business Enterprises, do not represent the consolidated performance of Legend Holdings, which reports under IFRS. Shareholders are advised to exercise caution when dealing in Legend Holdings’ securities.

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