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Jiangsu Lopal Tech Announces Significant Impairment Provision for H1 2025

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Jiangsu Lopal Tech Announces Significant Impairment Provision for H1 2025

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Jiangsu Lopal Tech Co. Ltd. Class H ( (HK:2465) ) has shared an announcement.

Jiangsu Lopal Tech Co., Ltd. announced an impairment provision for the first half of 2025, amounting to approximately RMB77,859,200. This provision, which includes credit impairment and inventory write-downs, reflects a decrease in the company’s total profit for the period, indicating a cautious approach to asset valuation and financial reporting. The impairment tests were conducted in compliance with relevant accounting standards and regulations, highlighting the company’s commitment to accurately representing its financial position.

More about Jiangsu Lopal Tech Co. Ltd. Class H

Jiangsu Lopal Tech Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the technology sector. The company focuses on providing a range of technological products and services, with a market presence that includes various financial instruments and assets.

Average Trading Volume: 23,191,275

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$9.29B

Find detailed analytics on 2465 stock on TipRanks’ Stock Analysis page.

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