Summary by Moomoo AI
Tianqi Lithium Corporation (Stock Code: 9696) has released its third quarter report for 2024, indicating that the financial data for the period from July 1 to September 30, 2024 is unaudited. During the reporting period, the company's revenue decreased by 57.48% compared to the same period last year, net profit decreased by 130.11%, and basic earnings per share was -0.30 yuan. The company stated that the significant decrease in the average selling price and gross margin of its main lithium products, as well as the expected decline in performance of the joint venture company SQM, were the main reasons for the decrease in net profit. In addition, the company completed the profit distribution for the year 2023, and distributed cash dividends to A-shares and H-shares in...Show More