On January 13, Chengxin Lithium announced its performance forecast for the fiscal year 2025. The company projects a net loss attributable to shareholders of the listed company in the range of Yuan 600 million to 850 million, compared to a net loss of Yuan 622 million in the same period last year.
During the reporting period, the company's performance was primarily impacted by factors including shifts in the industry's supply-demand dynamics. Additionally, the depreciation of the US dollar led to increased foreign exchange losses recognized by the company.
In H2 2025, the market prices for lithium products saw a rebound. Furthermore, the commencement of sales and shipments from the company's Indonesia plant contributed to a year-on-year increase in gross profit and a continued improvement in operational performance.
Edited by Cassie Li, lixiangying@mysteel.com
