Ganfeng Lithium (01772) saw its shares rise nearly 6% during the trading session. As of the time of writing, the stock had increased by 4.01%, trading at HKD 72.65 with a turnover of HKD 448 million.
On March 31, Ganfeng Lithium announced its 2025 financial results, reporting revenue of approximately RMB 23.082 billion, a year-on-year increase of 22.08%. Net profit attributable to shareholders of the listed company was approximately RMB 1.613 billion, turning a profit compared to a loss in the same period last year. Basic earnings per share stood at RMB 0.8, with a proposed cash dividend of RMB 1.5 per 10 shares (including tax).
Macquarie released a research report stating that Ganfeng Lithium's (01772) net profit last year was RMB 1.613 billion, close to the upper end of the positive profit forecast. The net profit for the fourth quarter reached RMB 1.6 billion, compared to a net loss of RMB 1.4 billion in the fourth quarter of 2024, primarily benefiting from the rise in lithium prices during the period. The report adjusted its lithium price forecasts, raising Ganfeng Lithium's net profit after tax projections for 2026 and 2027 by 8% and 9%, to RMB 4.4 billion and RMB 5 billion, respectively, and introduced a 2028 forecast of RMB 5.6 billion. The target price was raised from HKD 83.5 to HKD 86, with an "Outperform" rating maintained.
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