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LB Group : Revenue up 11% to RMB 26.77B, but net profit down 5.6% amid margin pressure

LB Group : Revenue up 11% to RMB 26.77B, but net profit down 5.6% amid margin pressure

Lb Group Co., Ltd. Class AJune 21, 20243
LB Group : Revenue up 11% to RMB 26.77B, but net profit down 5.6% amid margin pressure

About this update from Lb Group Co., Ltd. Class A

Operating income grew 11% to RMB 26.77 billion, with record titanium dioxide and sponge output, but net profit fell 5.6% due to margin pressure. Major investments in R&D, new energy materials, and global expansion position the company for future growth.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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