LONKING (03339) Issues Profit Alert, Anticipates Significant Annual Net Profit Growth

Stock News01-20

LONKING (03339) has announced that the Group expects a substantial increase in net profit for the fiscal year ending December 31, 2025. The Board of Directors forecasts a net profit for the current reporting period to be in the range of approximately RMB 1.25 billion to RMB 1.33 billion, representing an increase of 23% to 31% compared to the same period last year. The rise in net profit during this reporting period is primarily attributed to steady growth in both domestic and international sales, with the export business's contribution to profitability becoming increasingly significant. Furthermore, the continuous development of new products has positioned high-value-added offerings as a major driver of profit growth. Efforts focused on quality enhancement, cost control, and efficiency improvements have yielded notable results, leading to a further increase in the comprehensive gross profit margin.

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