Ganfeng Lithium Industry's net profit increased by 162.60% in the first quarter due to the guarantee of raw material supply

SMM: Ganfeng Lithium Industry reported revenue of 1.05 billion yuan in the first quarter of 2018, an increase of 67.97 percent over the same period last year. the net profit attributed to shareholders of listed companies was 358 million yuan, up 162.60 percent from the same period last year, and the basic earnings per share was 0.48 yuan. Ganfeng lithium industry believes that the current period compared with the same period last year, the supply of raw materials has been guaranteed, lithium products production and sales growth led to the corresponding growth in performance.

Projections of operating results for the period January-June 2018:

Projected operating results for the period January-June 2018: net profit attributable to shareholders of listed companies is positive and is not a turnaround