Ganfeng Lithium Swings to Profit in H1 as Revenue Nearly Triples
MT Newswires Live
3 hours ago
Ganfeng Lithium (HKG:1772, SHE:002460) recorded an attributable net profit of 4.26 billion yuan for the first half, swinging from a net loss of 536.2 million yuan a year earlier.
The metal lithium manufacturer's earnings per share stood at 2.03 yuan, compared with a loss per share of 0.27 yuan in the year-ago period, according to a Friday filing with the Hong Kong bourse.
Revenue almost tripled to 22.9 billion yuan from 8.26 billion yuan.
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