TIANQI LITHIUM: Expected net profit for 2025 is between 369 million yuan and 553 million yuan, turning a profit year-on-year
TIANQI LITHIUM expects a net profit of RMB 369 million to RMB 553 million in 2025, turning a profit compared to the previous year, mainly due to the shortened pricing cycle of lithium mines in its holding subsidiary, reduced production costs, and increased investment income from its joint venture company SQM
On January 29th, TIANQI LITHIUM announced that it expects a net profit attributable to shareholders of the listed company to be between 369 million yuan and 553 million yuan for 2025, compared to a loss of 7.905 billion yuan in the same period last year, achieving a turnaround from loss to profit.
The company's performance change is mainly attributed to the shortened pricing cycle of its holding subsidiary's lithium mines, production costs aligning closely with the latest procurement prices, and a significant increase in investment income from its important associate company SQM.
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