Ganfeng Lithium H1 Revenue Up 175.75%, Net Profit Turns Positive on Lithium Price Rebound and Volume Growth | Earnings Report

Ganfeng Lithium reported H1 operating revenue of RMB 23.097 billion, up 175.75% year-on-year. Net profit attributable to shareholders reached RMB 4.257 billion, reversing a loss of RMB 531 million in the same period last year. The sharp earnings rebound was driven by two key factors: lithium series product revenue surged nearly twofold to RMB 14.197 billion, while lithium battery series product revenue maintained strong growth, reaching RMB 7.831 billion, up 163.22% year-on-year.