Hong Kong Stock Alert | LIANLIAN (02598) Surges Over 4% as Interim Results Turn Profitable to 1.511 Billion Yuan with Rapid Growth Across All Main Business Lines

Stock News
Aug 27

LIANLIAN (02598) surged over 4%, rising 4.17% to HK$11.49 with a turnover of HK$62.027 million at the time of reporting.

On the news front, LIANLIAN announced its interim results for 2025, reporting revenue of approximately 783 million yuan, representing a year-on-year increase of 26.8%. The company's profit attributable to equity holders reached approximately 1.511 billion yuan, marking a turnaround from losses to profitability compared to the same period last year.

As of June 30, 2025, the company has established a global payment license portfolio consisting of 65 payment licenses and related qualifications, and holds a Virtual Asset Trading Platform (VATP) license issued by the Hong Kong Securities and Futures Commission.

Furthermore, all of the company's main business lines achieved rapid growth. In the first half of the year, the company's global payment business generated revenue of 473 million yuan, up 27% year-on-year; domestic payment business revenue reached 211 million yuan, up 24.6% year-on-year; and value-added services business revenue totaled 90 million yuan, up 34.2% year-on-year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10