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The performance recovery of the joint venture company SQM contributes to profit growth, and TIANQI LITHIUM's net profit is expected to turn from loss to profit year-on-year in 2025 | Financial Report Insights
Wallstreetcn·- Tianqi Lithium announced a turnaround, projecting a net profit of 3.69 billion to 5.53 billion CNY for 2025, reversing a significant loss of 7.9 billion CNY in 2024. - This improvement is attributed to optimization in supply chain integration, cost management, and responding to currency fluctuations, alongside investment gains from the performance recovery of affiliated company SQM. - Despite ongoing pricing pressures in the lithium market, changes in pricing mechanisms and currency exchange benefits contributed to a consolidated financial resilience during the industry's bottoming phase.
