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03 Feb
08:32

Jiangsu Lopal Technology sees 2022 net profit increase 118%-138% y-o-y

Shanghai-listed Jiangsu Lopal Technology expects its 2022 net profit to be around CNY 764.83 million ($113.41m)-CNY835m, an on-year increase of about 118%-138%, Kallanish learns. The lithium iron phosphate (LFP) cathode material production capacity expansion of Lopal Technology's second-tier subsidiary Sichuan Liyuan New Energy Technology greatly contributed to its performance surge. Sichuan Liyuan New Energy Technology constructed another 85,000 tonnes/year o…
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