China's Tianqi Lithium H1 Net Profit Expected to Surge 3276%-4935%
2026-07-15 11:06
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en.Wedoany.com Reported - China's Tianqi Lithium Corporation released its 2026 semi-annual performance forecast, expecting net profit attributable to shareholders to increase by 3276.35% to 4934.91% year-on-year.

Tianqi Lithium today released its 2026 semi-annual performance forecast, expecting to achieve net profit attributable to shareholders of 2.85 billion yuan to 4.25 billion yuan for the period from January to June 2026, a year-on-year increase of 3276.35% to 4934.91%; net profit after deducting non-recurring gains and losses is expected to be 2.81 billion yuan to 4.2 billion yuan, a year-on-year increase of 212778.79% to 318081.82%; basic earnings per share are expected to be 1.68 yuan to 2.51 yuan.

The performance significantly exceeded market expectations, mainly benefiting from the development of the new energy industry and growth in downstream demand. The average selling prices of the company's major lithium products increased significantly compared to the same period last year, driving a substantial year-on-year increase in operating revenue. Additionally, the performance of its associate company SQM in the first half of 2026 is expected to increase significantly year-on-year, and the investment income recognized by the company from SQM has increased substantially compared to the same period last year, further boosting the company's profits.

This performance forecast is a preliminary estimate by the company's finance department and has not been audited by an audit institution. The final data shall be subject to the figures disclosed in the company's "2026 Semi-Annual Report." Since SQM's quarterly financial report is released later than the company's current performance forecast, there may be differences between the estimated investment income from SQM in this forecast and the final actual data. The company will conduct accounting treatment and information disclosure in a timely manner based on the actual situation.

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