On December 31, Qinghai Salt Lake Industry Co., Ltd. announced its 2025 performance forecast, projecting a net profit attributable to shareholders of the listed company in the range of Yuan 8.29 billion-8.89 billion, representing a year-on-year increase of 77.78% to 90.65%. During the reporting period, the price of potassium chloride products rose compared to the same period last year, and while lithium carbonate prices experienced significant fluctuations, they gradually recovered in H2 2025, collectively driving the company's year-on-year performance growth.
Concurrently, the company recently passed the re-evaluation for high-tech enterprise qualification. At the end of the current year, the recognition of deferred tax assets on deductible temporary differences contributed to an increase in the company's net profit. In addition, with a Q3 net profit of Yuan 1.988 billion, the estimated Q4 net profit is projected to be between Yuan 3.787 billion-4.387 billion, indicating a quarter-on-quarter growth of 90% to 121%.
Edited by Cassie Li, lixiangying@mysteel.com