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An update from Tianqi Lithium Corp. Class H ( (HK:9696) ) is now available.
Tianqi Lithium Corporation reported its first quarterly financial results for 2025, showing a slight decrease in operating income by 0.02% compared to the same period last year. However, the company experienced a significant turnaround in profitability, with a net profit attributable to shareholders of RMB 104.27 million, a marked improvement from a loss of RMB 3.90 billion in the previous year. This positive shift is attributed to the company’s strategic adjustments and improved market conditions, although the net cash flow from operating activities saw a substantial decline of 69.73%. These results indicate a recovery phase for Tianqi Lithium, potentially strengthening its position in the lithium market and impacting stakeholders positively.
More about Tianqi Lithium Corp. Class H
Tianqi Lithium Corporation is a joint stock limited company incorporated in the People’s Republic of China, primarily engaged in the lithium industry. The company focuses on the production and supply of lithium compounds and derivatives, which are essential components in the manufacturing of batteries, particularly for electric vehicles and energy storage systems.
YTD Price Performance: -6.44%
Average Trading Volume: 2,222,110
Technical Sentiment Signal: Buy
Current Market Cap: HK$47.77B
For detailed information about 9696 stock, go to TipRanks’ Stock Analysis page.