Understanding the Market | L & M CHEMICAL rose over 12% in the afternoon, with a 36% increase in net profit for the first half of the year and an interim dividend of 19.5 HK cents

L & M CHEMICAL rose over 12% in the afternoon, and as of the time of publication, it rose 12.06% to HKD 4.83, with a transaction volume of HKD 4.0544 million. In terms of news, L & M CHEMICAL released its mid-term results for 2025 at noon, reporting group revenue remained flat at HKD 1.932 billion; benefiting from a significant decrease in energy costs and a drop in raw material prices, profit increased by 36.0% to HKD 327 million; gross profit margin rose by 7.4 percentage points to 36.3%, and it plans to declare a mid-term dividend of HKD 0.195 per share. The announcement pointed out that after the group raised its dividend payout ratio to 49.6% last year, the group's financial condition remains robust, with a mid-term net debt ratio of 3.2%