Ganfeng Lithium Group Co., Ltd. (01772) saw its shares rise nearly 6%, climbing 5.65% to HK$5.80 by the time of writing, with a trading turnover of HK$342 million. The company announced its 2025 financial results on March 31, reporting revenue of approximately RMB 23.082 billion, a year-on-year increase of 22.08%. Net profit attributable to shareholders reached about RMB 1.613 billion, marking a turnaround from a loss in the previous year. Basic earnings per share were RMB 0.80, and the company proposed a cash dividend of RMB 1.50 per 10 shares (including tax). Macquarie noted in a research report that Ganfeng Lithium's 2025 net profit of RMB 1.613 billion was close to the upper end of its positive profit alert forecast. The company plans to inject additional capital into its battery subsidiary, aiming to further expand its downstream battery business. The report suggests that the battery segment is expected to become another key driver of revenue and profit growth, alongside lithium operations. Macquarie also anticipates lithium prices will find support, citing the Chinese government's promotion of capacity-based electricity pricing policies for energy storage systems, which could enhance profitability and spur further construction of energy storage stations. Additionally, supply disruptions in Jiangxi and Zimbabwe are expected to contribute to tighter market conditions.
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