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An announcement from Ganfeng Lithium Co ( (HK:1772) ) is now available.
Ganfeng Lithium has issued a positive profit alert for the first quarter of 2026, forecasting net profit attributable to shareholders of RMB1.6 billion to RMB2.1 billion, a sharp turnaround from a loss a year earlier. Basic earnings per share are expected to rise to between RMB0.77 and RMB1.01, also reversing a loss in the same period of 2025.
The company attributes the surge in earnings to stronger downstream demand for lithium salts, significantly higher selling prices, optimized costs from newly released lithium resource capacity, and increased production and sales in its lithium battery segment. Additional gains came from fair value changes in its stake in PLS Group Ltd., though management cautions that these figures are preliminary and unaudited, and urges investors to be mindful of potential risks.
The most recent analyst rating on (HK:1772) stock is a Hold with a HK$55.91 price target. To see the full list of analyst forecasts on Ganfeng Lithium Co stock, see the HK:1772 Stock Forecast page.
More about Ganfeng Lithium Co
Ganfeng Lithium Group Co., Ltd. is a China-based lithium producer operating across the new energy materials value chain, supplying lithium salts and lithium battery products. The group serves fast-growing power battery and energy storage markets worldwide, positioning itself as a key beneficiary of expanding global demand for new energy and electric vehicles.
Average Trading Volume: 14,770,006
Technical Sentiment Signal: Buy
Current Market Cap: HK$182.9B
For a thorough assessment of 1772 stock, go to TipRanks’ Stock Analysis page.