Core Viewpoint - Liken Resources (02245) reported significant growth in its mid-year results for 2025, with revenue and profit both showing substantial increases, driven by enhanced production capabilities and optimized operations [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 143.0% increase compared to the previous year [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 such as nickel-cobalt hydroxide and pyrometallurgical products like nickel iron, attributed to the full operation of the ONC project and the production release from the KPS project [1] - The company also focused on optimizing its product structure, implementing refined cost control management, and improving production processes through technological advancements, which further enhanced profitability [1] Industry Summary - According to Minsheng Securities, expectations for a Federal Reserve interest rate cut have risen, coupled with improved seasonal demand during the "Golden September and Silver October" period, 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, along with high raw material cost pressures, is supporting ongoing increases in nickel salt prices [1]
力勤资源涨超5% 上半年利润暴增143% 工业金属价格上涨动力强