Piotech: Revenue up 56.97% and net profit swung positive in Q1 2026, driven by advanced equipment sales
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Q1 2026 saw revenue surge 56.97% year-over-year to RMB 1.11 billion and net profit reach RMB 570.60 million, reversing last year's loss. Profitability improved on higher sales and lower expense ratios, though operating cash flow turned negative due to increased procurement and payroll.
Original document: Piotech, Inc. Class A [688072] Interim report — Apr. 28 2026
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