[Ganfeng Lithium Q1 Net Profit 1.84B Yuan, Turns Loss to Profit on Higher Prices & Volumes]

Published: Apr 30, 2026 17:32

Save

Ganfeng Lithium announced that in the first quarter of 2026, the company achieved operating revenue of 9.196 billion yuan, a year-on-year increase of 143.81%. Net profit attributable to shareholders of the listed company was 1.837 billion yuan, compared with a loss of 356 million yuan in the same period last year, turning from loss to profit. The performance change was mainly due to higher prices and sales volumes of both lithium series products and lithium battery series products during the period.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

16 mins ago

[SMM Analysis] Zinfra × CATL: Building a New "Product + Service" Model for Energy Storage in Australia

16 mins ago

2 hours ago

[SMM Analysis] CATL Reshapes Its Mining Strategy

2 hours ago

Volvo Cars Q1 Revenue Reached 72.62 Billion Swedish Krona

On April 29, Volvo Cars announced that the company's Q1 revenue was 72.62 billion Swedish kronor, above expectations of 72.03 billion Swedish kronor. Operating profit was 1.6 billion kronor ($172 million), below 1.9 billion kronor in the same period last year. The company's CEO stated that as locally developed car models such as the XC70 launch new versions covering larger market segments, performance in the Chinese market is expected to begin improving.

2 hours ago