Levima Advanced Materials Profit Drops 52% in Q3

MT Newswires Live

2024/10/28

Levima Advanced Materials (SHE:003022) reported a net profit attributable to the owners of 37.6 million yuan for the third quarter ended Sept. 30, a 52% decline compared with the prior-year period, according to a Friday filing with the Hong Kong bourse.

Earnings per share were 0.03 yuan, a 50% drop from a year ago.

Revenue for the quarter slipped 4.35% year on year to 1.65 billion yuan, according to the filing.

Levima Advanced Materials is a subsidiary of Legend Holdings (HKG:3396).

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