Ganfeng Lithium: Net Profit for Q1 2026 Estimated at 1.6–2.1 Billion Yuan, up 549.65%–690.17% YoY

Published: Apr 20, 2026 10:02
Ganfeng Lithium announced that its net profit for Q1 2026 was estimated at 1.6–2.1 billion yuan, up 549.65%–690.17% YoY. During the reporting period, driven by the rapid development of the global new energy industry, downstream clients' demand for lithium chemicals grew strongly, and the selling prices of the company's lithium chemical products rose significantly compared with the same period last year. In addition, with the capacity release of the company's lithium resources projects, the company's cost structure continued to be optimized. Moreover, as the power battery and energy storage markets continued to grow, sales in the lithium battery segment increased notably, resulting in YoY growth in the company's operating performance.

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