Longpan Technology's Performance Brief: Loss of 173 million yuan in 2025, a year-on-year reduction in losses

2026-04-03 01:31:04

People’s Finance and News, March 31. Longpan Technology (603906) released its performance express report on March 31. In 2025, it achieved total operating revenue of 8.938 billion yuan, up 16.42%; net profit attributable to shareholders was a loss of 173 million yuan, compared with a loss of 645 million yuan in the same period last year. During the reporting period, demand for power batteries and energy storage batteries increased, driving an uptick in demand for lithium iron phosphate. The industry’s supply-and-demand situation improved to some extent, boosting the company’s sales volume of lithium iron phosphate cathode materials. Scale effects were evident, profitability recovered somewhat, and losses were significantly lower than the same period last year.

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