Tianqi Lithium FY2025 asset impairment provision rises to RMB277 million; net profit attributable to shareholders drops RMB105 million due to the provision

Reuters03-27
<a href="https://laohu8.com/S/TQLCF">Tianqi Lithium</a> FY2025 asset impairment provision rises to RMB277 million; net profit attributable to shareholders drops RMB105 million due to the provision
  • Tianqi Lithium recognized a total asset impairment provision of RMB277.0 million, including RMB264.0 million for inventory impairment.
  • It also recorded RMB17.0 million in allowance for doubtful debts on trade receivables and a RMB4.0 million reversal for other receivables.
  • The company said the impairment provision is expected to reduce net profit attributable to shareholders by about RMB105.0 million.


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