Jiangsu Lopal Tech Expects to Swing to Profit in H1

MT Newswires Live

07/13

Jiangsu Lopal Tech (HKG:2465) expects to book net profit attributable to shareholders in the range of 373.2 million yuan to 447.8 million yuan for the first half of 2026, swinging from a loss of 85.2 million yuan a year earlier, according to a Monday Hong Kong bourse filing.

The automotive specialty chemicals company attributed the turnaround to growth in revenue and sales volume in its lithium iron phosphate business, supported by demand from the power battery and energy storage battery markets.

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