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<Results> TIANQI LITHIUM (09696.HK) 1Q Net Profit RMB1.876 billion, Up 1,699% YoY
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TIANQI LITHIUM (09696.HK) announced its first-quarter results. Under the China Accounting Standards, revenue reached RMB5.128 billion, up 98.4% YoY. Net profit attributable to shareholders amounted to RMB1.876 billion, surging 1,699% YoY. The increase was mainly due to a significant rise in the average selling prices of major lithium products, which drove substantial growth in revenue and gross profit, as well as higher investment income recognized from associates. EPS was RMB1.12. (de/d) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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