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Jiangsu Lopal Tech Co. Ltd. Class H ( (HK:2465) ) has shared an announcement.
Jiangsu Lopal Tech. Group Co., Ltd. has issued an inside information announcement estimating that it will remain loss-making in 2025, but with a markedly narrower loss compared with 2024. The company projects net loss attributable to shareholders of between RMB180.17 million and RMB147.99 million, a substantial improvement from last year’s loss of about RMB645 million, and expects net loss after deducting non-recurring items to shrink to roughly RMB29.19–39.50 million from nearly RMB698.47 million previously. Management attributes the continued losses to low gross margins in its lithium iron phosphate cathode materials business amid lithium carbonate price volatility, as well as inventory and asset impairments and significant non-recurring losses related to fair value changes of financial liabilities. Nonetheless, the company notes that cost-cutting, product differentiation, overseas expansion efforts, and efficiency initiatives have significantly reduced its loss, suggesting gradual operational stabilization despite ongoing margin and market pressures.
More about Jiangsu Lopal Tech Co. Ltd. Class H
Jiangsu Lopal Tech. Group Co., Ltd. is a China-based company listed in Hong Kong that operates in the lithium materials sector, with a key focus on lithium iron phosphate cathode materials used in batteries. Its business is sensitive to raw material price fluctuations, particularly lithium carbonate, and its profitability is also influenced by inventory valuation and asset impairment trends.
Average Trading Volume: 14,491,749
Technical Sentiment Signal: Buy
Current Market Cap: HK$11.88B
Learn more about 2465 stock on TipRanks’ Stock Analysis page.