Tianhua New Energy Expects H1 Profit Turnaround on Lithium Materials Growth

Published: Jul 9, 2026 21:08

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Tianhua New Energy expects net profit attributable to shareholders of RMB 2.2 billion-2.4 billion in the first half of 2026, compared with a loss a year earlier. The company said robust demand from the energy storage and EV battery sectors boosted demand for lithium resources, driving both sales volumes and prices of its lithium battery materials business. Higher revenue and profitability contributed to a significant earnings recovery.

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