Tianqi Lithium's Profit Surges 49-Fold in H1 as Revenue Soars 153%

MT Newswires Live
Aug 28

Tianqi Lithium's (HKG:9696, SHE:002466) attributable profit shot up 4,789% to 4.24 billion yuan in the first half from 86.7 million yuan a year ago, according to a Thursday filing to the Hong Kong stock exchange.

Earnings per share jumped to 2.45 yuan from 0.05 yuan a year earlier, the new energy materials mining and manufacturing company said.

Revenue during the period also surged to 12.2 billion yuan from 4.82 billion yuan a year ago.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10