Tianqi Lithium Reports First-Half Net Profit of RMB 4.236 Billion, Surging 4,788.84% Year-on-Year

Stock News08-27

TIANQI LITHIUM (HKG: 09696) has unveiled its interim results for the six months ended June 30, 2026, posting a remarkable surge in profitability. The group recorded revenue of RMB 12.224 billion, marking a substantial 153.55% increase compared to the same period last year.

Profit attributable to equity shareholders of the company reached RMB 4.236 billion, representing a staggering year-on-year growth of 4,788.84%. Basic earnings per share stood at RMB 2.5 during the reporting period.

According to the official announcement, the significant rise in total revenue was primarily driven by higher average selling prices for the group's lithium products and increased sales volumes of lithium compounds and derivatives when measured against the corresponding period in the prior year.

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