Tianqi Lithium H1 Net Profit Surges 4,925% to RMB 4.24 Billion
Tianqi Lithium reported a net profit of RMB 4.242 billion for the first half of 2026, up 4,925.46% year on year, as revenue rose 153.32% to RMB 12.242 billion. The company attributed the gains to higher average selling prices for lithium products and increased sales volumes of lithium compounds and derivatives. In the second quarter, net profit reached RMB 232.366 billion, reversing a year-ago loss.
Tianqi Lithium disclosed its 2026 interim report on August 27. In the first half, the company achieved operating revenue of RMB 12.242 billion, up 153.32% year on year. Net profit attributable to shareholders of the listed company reached RMB 4.242 billion, a year-on-year increase of 4,925.46%. Basic earnings per share stood at RMB 2.51, up 4,920% from the same period in 2025. During the reporting period, both the average selling price of the company's lithium products and the sales volume of lithium compounds and derivatives increased compared with the same period in 2025.
In the second quarter, the company recorded total operating revenue of RMB 7.114 billion, up 216.4% year on year. Net profit attributable to shareholders of the listed company was RMB 23.2366 billion, compared with a net loss of RMB 19.864 million in the same period of 2025, marking a return to profitability.