On April 16, Ganfeng Lithium Industry disclosed its performance forecast for the first quarter of 2026. The company expects to achieve a net profit of 1.6 billion yuan to 2.1 billion yuan in the first quarter, compared with a loss of 356 million yuan in the same period last year, turning losses into profits year on year.
The company said that in the first quarter of this year, benefiting from the rapid development of the global new energy industry and the strong growth of downstream customers'demand for lithium salt, the sales price of the company's lithium salt products increased significantly compared with the same period last year. In addition, the power battery and energy storage market continued to grow, and the production and sales of lithium battery plate increased significantly.
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