Tianqi Lithium's (HKG:9696, SHE:002466) expects to record a 6,957% to 8,220% year-over-year jump in adjusted attributable net profit in the first three quarters, according to a Shenzhen bourse filing on Wednesday.
Adjusted net profit attributable to shareholders is estimated to range between 5.03 billion yuan and 5.93 billion yuan, up from 71.3 million yuan a year earlier.
The lithium miner attributed the anticipated growth to a significant increase in operating performance from its Chilean associate, Sociedad Química y Minera de Chile.
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