LB Group (002601) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥7.15 billion, up 1.42% year-over-year, while net profit attributable to shareholders dropped 72.74% to ¥187 million due to lower product prices and higher raw material costs.

• Cash flow from operating activities more than doubled year-over-year, reaching ¥444 million.

Financial highlights

• Operating income: ¥7.15 billion, up 1.42% year-over-year.

• Net profit attributable to shareholders: ¥187 million, down 72.74% year-over-year.

• Basic and diluted EPS: ¥0.08, down 72.41% year-over-year.

• Operating cash flow: ¥444 million, up 103.70% year-over-year.

• Gross margin impacted by increased costs of sulfuric acid and sulfur, and lower product prices.

Outlook and guidance

• Profitability is expected to remain under pressure due to continued high raw material costs and competitive pricing.