Changes in Hong Kong stocks | Liaogang shares (02880) rose nearly 5%. Net profit to mother in the first half of the year was 956 million yuan, up 110.78% year on year

The Zhitong Finance App learned that Liaogang shares (02880) rose nearly 5%. As of press release, it had risen 4.88% to HK$0.86, with a turnover of HK$11.12,900.

According to the news, on August 4, Liaogang Co., Ltd. released the 2025 semi-annual results report. The group obtained total operating revenue of 5.693 billion yuan, an increase of 5.93% over the previous year; net profit attributable to shareholders of listed companies was 956 million yuan, an increase of 110.78% over the previous year; and basic earnings per share were 0.04 yuan.

During the reporting period, the company achieved net profit of 956 million yuan attributable to shareholders of listed companies, an increase of 110.78% over the previous year, mainly due to increased revenue from the oil and container business, increased investment income from joint ventures, and the recovery of long-term funds to credit impairment losses.