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Colorfulclient New Energy Forecasts Mid-Year Profit Jump of 868% Driven by LFP Battery Sales

2026-07-23 04:32:58

Tsaker New Energy Tech20.25%

Colorfulclient New Energy (01986) forecast mid-year profit of at least 90 million yuan for the period ending June 30, up over 8.68 times year-on-year. The company attributed the surge primarily to increased sales volume and average selling prices of lithium iron phosphate (LFP) batteries, driven by rising downstream market demand, along with improved sales and pricing in its agrochemical intermediate product segment.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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