[results] Ganfeng Lithium's net profit fell 96.94% in the first quarter from a year earlier.

SMM4, March 29: Ganfeng Lithium Industry results show that the company's operating income in the first quarter was 1.078 billion yuan, down 18.88 percent from the same period last year, and the net profit belonging to shareholders of listed companies was 7.746 million yuan, down 96.94 percent from the same period last year.

The company expects net profit attributable to shareholders of listed companies to be 140 million-200m yuan in the first half of the year, down 32-53 per cent from a year earlier. The net profit attributable to shareholders of listed companies in the first half of 2019 was 296 million yuan.

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