LINGYI ITECH: Revenue up 25% but net profit down 44% on higher costs and impairments

About this update from Lingyi Itech (guangdong) Company Class H

Revenue grew 25% year-over-year to ¥19.12 billion, but net profit fell 44% to ¥692 million due to higher costs and asset impairments. Gross margin declined, and new stock option and employee share plans were approved. 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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