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Hong Kong Stock Market Movement | Ganfeng Lithium (01772) rose nearly 6%; 25-year performance turned from loss to profit year-over-year; plans to increase capital for its subsidiary battery company
Zhitong Finance APP reported that Ganfeng Lithium Industry (01772) is up nearly 6%. As of the time of writing, it is up 5.65%, trading at HK$5.8, with a turnover of HK$342 million.
On the news front, on March 31, Ganfeng Lithium Industry released its 2025 performance. Operating revenue was approximately RMB 23.082 billion, up 22.08% year over year. Net profit attributable to shareholders of the listed company was approximately RMB 1.613 billion, turning from a loss to a profit year over year. Basic earnings per share were RMB 0.8. The company plans to distribute a cash dividend of RMB 1.5 per 10 shares (including tax).
Macquarie released a research report stating that Ganfeng Lithium Industry’s 2025 net profit was RMB 1.613 billion, close to the upper end of its earnings pre-announcement (profit alert) forecast. The company plans to increase capital in its battery companies to further expand its downstream battery business. The firm believes that the battery business will be another driver, besides lithium, to drive revenue and profits. At the same time, the firm expects lithium prices to receive support, mainly because China’s government promotes peak-valley arbitrage electricity price policies for energy storage system capacity, which is expected to improve profitability, drive further construction of energy storage stations, and, together with supply disruptions in Jiangxi and Zimbabwe, tighten supply.