Ganfeng Lithium to Return to Profit in 2025

MT Newswires Live01-28

Ganfeng Lithium (HKG:1772, SHE:002460) expects net profit attributable to shareholders of between 1.10 billion yuan and 1.65 billion yuan for the year ended Dec. 31, 2025, reversing a net loss of 2.07 billion yuan a year earlier, according to a Tuesday Hong Kong bourse filing.

Hong Kong-listed shares of the lithium miner were down nearly 2% in Wednesday morning trade.

Basic earnings per share are forecast at 0.55 yuan to 0.82 yuan, compared with a loss per share of 1.03 yuan in the prior year.

The company said the turnaround was driven mainly by fair-value gains of about 1.03 billion yuan on its stake in Pilbara Minerals after hedging.

It also cited investment income from the partial transfer of its equity interest in Shenzhen Yichu Shuzhi Energy Group and the introduction of strategic investors.

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