Lonking Holdings Expects 2025 Net Profit to Rise Up to 31%
Lonking Holdings Ltd. expects a net profit increase of 23% to 31% for the year ending December 31, 2025, projecting profits between RMB1,250 million and RMB1,330 million. This growth is attributed to rising domestic and international sales, particularly in exports, along with advancements in high-value products, quality enhancement, cost control, and efficiency improvements, boosting the overall gross profit margin.
Reuters·
