Tianqi Lithium H1 Revenue Up 153% on Lithium Price Recovery and Capacity Release, Net Profit Soars Nearly 50-Fold | Wall Street News

In the first half of the year, Tianqi Lithium achieved operating revenue of 12.242 billion yuan, a significant year-on-year increase of 153.32%; net profit attributable to shareholders of the listed company reached 4.242 billion yuan, a surge of 4925.46% year-on-year, equivalent to nearly 50 times that of the same period last year. During the first half, Tianqi Lithium completed an H-share placement and convertible bond issuance, advanced the ramp-up of Phase 3 at the Greenbushes mine, strategically invested in Xinwangda Power to expand downstream, and completed a board reshuffle, further optimizing its governance structure.