Ganfeng Lithium expects to turn from loss to profit on a YoY basis in H1.

Published: Jul 16, 2026 09:22

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Ganfeng Lithium announced on July 14 that it expects its net profit attributable to shareholders of the publicly listed firm for the first half of 2026 to be between 3.65 billion yuan and 4.6 billion yuan, representing a YoY turnaround to profitability. During the reporting period, benefiting from the rapid development of the global new energy industry and rising demand for lithium chemicals from downstream clients, the selling prices of the company's lithium chemical products rose significantly YoY. Meanwhile, with the gradual release of capacity from lithium resource projects, the company's cost structure was effectively optimized. Coupled with sustained growth in energy storage market demand, the lithium battery segment's production and sales volumes increased noticeably, together driving a YoY increase in the company's operating performance.

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