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JL Magnetics: Net Profit Expected to Rise 42.59%-55.20% Year-on-Year in First Three Quarters of 2026

36Kr1 min read

36Kr reports that JL Magnetics announced an expected net profit attributable to shareholders for the first three quarters of 2026 between 735 million yuan and 800 million yuan, representing a year-on-year increase of 42.59%-55.20%. The change in performance is primarily due to the company continuing to consolidate its advantages in the new energy and energy conservation fields, actively expanding into emerging markets, with operating revenue increasing by approximately 40% year-on-year, including a revenue increase of about 100% in the robot and industrial servo motor sectors.

Read the full article at 36Kr

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