LB Group : Revenue up, profit down; titanium output record, new energy weak, major leadership change

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

Operating income grew 2.8% to RMB27.51 billion, but net profit fell 32.8% to RMB2.17 billion due to lower prices and asset impairments. Titanium dioxide and sponge titanium production hit record highs, while new energy materials faced profitability challenges. Major management succession and strong cash dividends marked the year.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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