Langbo Technologies issued a preliminary profit increase forecast, expecting a net profit attributable to the parent company of 18 million to 20 million yuan in the first half of the year, an increase of 49.51% to 66.12% year-on-year
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Langbo Technologies expects a net profit attributable to shareholders of RMB 18 million to RMB 20 million in the first half of 2025, an increase of 49.51% to 66.12% year-on-year. The net profit excluding non-recurring gains and losses is expected to be RMB 17.2 million to RMB 19.2 million, an increase of 66.77% to 86.16% year-on-year. The company continues to expand its customer base in the new energy vehicle industry, with sales growth in its main products, O-rings and shaft seals, driving revenue growth
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