Ganfeng Lithium's H1 revenue reached 23.097 billion yuan, a year-on-year increase of 175.75%, with net profit turning from loss to profit at 4.257 billion yuan.
Ganfeng Lithium disclosed its 2026 semi-annual report on August 28. Benefiting from the rebound in sales prices of its lithium series products and the growth in lithium battery sales, the company achieved a strong turnaround in performance, compared to a loss of 531 million yuan in the same period last year. Net profit after deducting non-recurring gains and losses was 3.848 billion yuan, a year-on-year increase of 521.56%.
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