Core Viewpoint - Liken Resources (02245) reported significant growth in both revenue and profit for the first half of 2025, driven by increased production from key projects and improved operational efficiency [1] Company Summary - Liken Resources' revenue reached approximately 18.1466 billion HKD, marking a year-on-year increase of 66.8% [1] - The profit attributable to the parent company was around 1.426 billion HKD, reflecting a substantial year-on-year growth of 143.0% [1] - Earnings per share stood at 0.92 HKD [1] - The growth in revenue and profit was primarily due to a significant increase in the production of hydrometallurgical products (nickel hydroxide and cobalt) and pyrometallurgical products (nickel iron) [1] - The ONC project achieved full production capacity, and the KPS project contributed to increased output [1] - The company optimized its product structure and implemented refined cost control measures, along with technological improvements to enhance production processes and profitability [1] Industry Summary - According to Minsheng Securities, expectations for a Federal Reserve interest rate cut have risen, coupled with improved demand expectations during the "Golden September and Silver October" peak season, indicating strong upward momentum for industrial metal prices [1] - The cobalt market is expected to see continued price strength due to ongoing inventory digestion in the domestic cobalt supply chain and seasonal demand expectations [1] - In the nickel sector, limited spot supply from nickel salt plants and high raw material cost pressures are supporting ongoing increases in nickel salt prices [1]
港股异动 | 力勤资源(02245)涨超5% 上半年利润暴增143% 工业金属价格上涨动力强