On the evening of April 20, Tianqi Lithium announced that it expects the net profit attributable to shareholders of the listed company for the first quarter of 2026 to be between Yuan 1.7 billion and 2.0 billion, compared to Yuan 104 million in the same period last year, representing a year-on-year increase of 1530.31% to 1818.01%. The company's net profit attributable to shareholders in Q4 2025 Yuan RMB 283 million. Based on this, the company's Q1 net profit attributable to shareholders is expected to increase by 501% to 607% quarter-on-quarter.
Regarding the factors behind the performance changes, Tianqi Lithium stated that driven by multiple favorable factors such as the development of the new energy industry and the growth of downstream demand, the average selling prices of the company's major lithium products increased significantly compared with the same period last year. At the same time, the investment income recognized from its associate, Sociedad Química y Minera de Chile S.A. (SQM), increased substantially compared with the same period last year.
Edited by Cassie Li, lixiangying@mysteel.com
