Levima Advanced Materials' Q1 profit surges 38.83%

Levima Advanced Materials Corporation (SZSE:003022) announced a significant increase in net profit attributable to shareholders for the first quarter of 2025, reaching CNY 71.41 million, a 38.83% increase compared to the same period last year. Revenue also saw a modest rise, increasing by 3.48% to CNY 1,538.89 million. The company attributed the improved performance to optimized operations, increased sales volume of key products like EVA, lower raw material prices, and the contribution of new products from EC, UHMWPE, electronic specialty gases, and PLA facilities. Basic earnings per share increased to CNY 0.05.