Ganfeng Lithium's stock soared 5.08% during intraday trading on Thursday.
The surge follows the company's announcement of its 2025 financial results, which showed a significant turnaround with revenue increasing 22.08% year-on-year to approximately RMB 23.082 billion and net profit attributable to shareholders reaching about RMB 1.613 billion, reversing from a loss in the previous year. The company also proposed a cash dividend of RMB 1.50 per 10 shares.
Analysts at Macquarie noted that the results were close to the upper end of their positive profit alert forecast and highlighted the company's plans to inject additional capital into its battery subsidiary to expand downstream operations. The battery segment is expected to become another key driver of revenue and profit growth alongside lithium operations. Supportive factors for lithium prices include the Chinese government's promotion of capacity-based electricity pricing policies for energy storage systems and supply disruptions in Jiangxi and Zimbabwe.
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