Andar Technology: Net profit loss of 256 million yuan in 2025

Andar Technology announced that in 2025, operating revenue will be 3.494 billion yuan, a year-on-year increase of 131.18%; the net loss is expected to be 256 million yuan, compared to a loss of 680 million yuan in the same period last year. In 2025, affected by fluctuations and adjustments in the lithium iron phosphate industry, intense industry competition, and the continued pressure on product prices in recent years, the company’s performance in 2025 will still be at a loss. However, thanks to the dual drivers of the new energy vehicle and energy storage markets, the downstream demand for lithium iron phosphate is expected to increase in 2025, leading to a substantial increase in the company’s product shipment volume and a gradual rise in sales prices, while the effective improvement in production capacity utilization will significantly enhance the profitability of the company’s lithium iron phosphate products. At the same time, due to the year-on-year increase in product and main raw material prices, the provision for inventory impairment has decreased, which comprehensively promotes a significant reduction in the company’s net loss for 2025.