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Lygend Resources & Technology Co., Ltd., together with its subsidiaries, engages in the production, smelting, and trading of nickel products in Mainland China and internationally. It provides nickel ores, ferronickel, mixed hydroxide precipitates, cobalt sulfates, and electrodeposited cobalts. The company also manufactures, exports, and sells machinery and equipment for core smelting, including ferronickel furnaces, submerged arc furnaces, and electric arc furnaces, etc.; provides technical support; and trades in laterite nickel ore, send, and ferronickel. In addition, it offers new energy technological development; logistics and shipping services; project management; industrial real estate business services; and business management services. The company was incorporated in 2009 and is headquartered in Ningbo, China.

	2021	2022	2023	2024	2025	TTM
Revenue
Total revenue	10,173.4	16,149.1	19,149.5	27,469.1	40,239.8	82,501.1
COGS	8,934.6	12,181.2	16,074.2	22,439.6	32,524.7	65,131.7
Gross Profit	1,238.8	3,967.9	3,075.3	5,029.5	7,715.1	17,369.4
Operating Expenses & Income
Operating Income	887.8	2,939.4	2,127.4	3,942.9	6,308.7	14,552.8
Total Operating Expenses	351	1,038.1	947.8	1,086.6	1,406.4	2,816.6
R&D Expenses	6.45006	-	-	-	-	-
Selling General & Admin Expenses	38.98	698.7	843.9	971.5	1,255.7	1,766.5
Earnings from Continuing Operations
Interest Expense	(64.82)	(224.6)	(486.3)	(608.5)	(621.1)	(1,285)
Interest Income	16.08	264.5	274.3	228.9	206.4	303.7
Income Tax Expense	146.4	138.5	36.39	571.6	1,099.5	2,801.9
Net Income
Net Income	898.5	1,532.2	956	1,666.2	2,857.4	6,672
Supplemental
EBIT	1,240.9	3,036.9	2,088.1	3,602.2	6,161.5	14,312.1
EBITDA	1,313	3,454.5	2,692.6	4,517.6	7,585.7	16,694.7

Lygend Resources & Tech Co