LOPAL TECH's stock surged 5.13% during intraday trading on Friday, reflecting significant investor optimism.
The movement follows the company's positive financial outlook, forecasting first-quarter 2026 revenue between 3.3 billion and 3.6 billion yuan, representing a year-on-year increase of 107.25% to 126.09%. It also expects to report a net profit attributable to shareholders of 200 million to 250 million yuan, turning profitable compared to the same period last year. The company noted that its primary lithium iron phosphate business showed growth in revenue and sales volume, with scale benefits becoming evident and profitability recovering.
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