Jiangsu Lopal Tech Swings to Profit on Surging Q1 Revenue but Faces Cash Flow Strain
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Jiangsu Lopal Tech Co. Ltd. reported a significant turnaround in Q1 2026, with a 119.61% increase in revenue to RMB 3.50 billion and a net profit of RMB 214.3 million, compared to a loss last year. Despite this, the company faces cash flow challenges as operating cash flows turned negative. Total assets and shareholders’ equity rose by 13.35% and 7.63%, respectively, indicating growth but also higher short-term liquidity strain. The company is expanding aggressively in the chemicals and materials sector, listed in Hong Kong under stock code 2465.
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