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Ganfeng Lithium's Profit Down in 2023
Ganfeng Lithium (HKG:1772, SHE:002460) recorded a 76% decline in attributable profit for the year ended Dec. 31, 2023, to 4.98 billion yuan from 20.5 billion yuan in 2022, according to the company's a
贛鋒鋰業:2023年年報
Changes in Hong Kong stocks | Ganfeng Lithium (01772) rebounded by more than 4%, and Daiwa said that Tianqi Lithium's huge losses were unrelated to Ganfeng Lithium's own problems
Ganfeng Lithium (01772) rebounded by more than 4%. As of press release, it rose 2.59% to HK$21.8, with a turnover of HK$62.1697 million.
Daxing Ratings | Daiwa: To maintain Ganfeng Lithium's “outperforming the market” rating indicators for the first quarter, please refer to Xinhua Tianneng
Gelonghui, April 24 | Daiwa released a report stating that Ganfeng Lithium's first-quarter indicators can refer to Xinhua Tianneng, not Tianqi Lithium. Earlier, Xinhua Tianneng announced net profit of 502 million yuan and recurring net profit of 259 million yuan. The two recorded losses of 162 million yuan and 159 million yuan respectively in the fourth quarter of last year. According to the bank, Tianqi may have recorded SQM-related accounting losses of 1.75 billion yuan during the quarter, which has nothing to do with Ganfeng. The bank said it is not clear where Tianqi's remaining adjusted net loss of over 2 billion yuan (calculated based on the median profit forecast range) comes from. If the operating loss for the first quarter comes from profits attributable to minority shareholders, it is relevant
Changes in Hong Kong stocks | Ganfeng Lithium (01772) falls by more than 6%, lithium price prospects tend to weaken, institutions lower company earnings estimates
Ganfeng Lithium (01772) fell by more than 6%. As of press release, it fell 5.17% to HK$21.1, with a turnover of HK$270,181 million.
The A-share salt lake lithium extraction sector weakened, and Ganfeng Lithium fell more than 5%
Gelonghui, April 24 | Ganfeng Lithium fell more than 5%, Shengxin Lithium Energy fell more than 4%, and China Alcoa International and Tibet Mining followed suit.
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