Longpan Technology (603906.SH) made a pre-profit. It is estimated that net profit attributable to mother for half a year is 373 million yuan to 448 million yuan, turning a loss into a profit

According to Zhitong Finance App News, Longpan Technology (603906.SH) announced that the company expects to achieve net profit attributable to shareholders of listed companies of 373 million yuan to 448 million yuan for the first half year of 2026, which will turn a loss into a profit.

During the reporting period, the company's overall performance turned a loss into a profit compared to the same period last year. Benefiting from the development of power batteries and energy storage batteries, the company's lithium iron phosphate business was affected by upstream and downstream demand in the industry. Revenue and sales increased to varying degrees, reflected economies of scale, and profitability recovered.