On August 28, Ganfeng Lithium Industry disclosed its semi-annual report for 2026, which showed that in the first half of the year, the company achieved revenue of 23.097 billion yuan, an increase of 175.75% over the previous year; net profit of 4.257 billion yuan, an increase of 901.36% over the previous year; net profit of 3.848 billion yuan, an increase of 521.56% over the previous year. It took only one year to go from a loss of 500 million to a profit of 4.2 billion.
This performance growth is mainly due to the rise in the price of lithium series products and the increase in sales of lithium battery products. Ganfeng Lithium Industry said that in the first half of 2026, the price of lithium salt fluctuated greatly, which was significantly higher than that of the same period last year. The market demand for energy storage was strong, and the performance of the company's lithium battery sector was significantly improved, which jointly promoted the company's operating performance to grow year-on-year.
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