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Tianqi Lithium Swung to Net Loss in 2024 on Lower Lithium Products Prices
Tianqi Lithium: 2024 Annual Report Summary
Tianqi Lithium: 2024 Annual Report
In 2024, a net loss of 7.9 billion, Tianqi Lithium Corporation faces its "worst year" since being listed and has adjusted its production capacity plan | Interpretations
① Tianqi Lithium Corporation reported a net loss of 7.905 billion yuan last year, turning from profit to loss compared to a profit of 7.297 billion yuan in the same period last year; ② The company stated that the performance change was mainly due to the decline in lithium product prices and misalignment of the pricing mechanism, the decline in performance of the important associate company SQM, as well as increased asset impairment losses and foreign exchange losses.
TIANQI LITHIUM: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31DECEMBER 2024
March 27 A-share investment warning: Jimin Health: The Vice President is suspected of criminal activity and the company has filed a report and received a case notification.
Shareholder Nanjing Youzhi of Tianyi Holdings plans to reduce holdings by no more than 1.4755%; Shareholder Yuanning Huixin of Heshun Technology plans to reduce holdings by no more than 3%; Shareholder Ruizhong Life Insurance of *ST Coship Electronics plans to reduce holdings by no more than 3%; the sales revenue of related marine engineering products of Shanghai SK Petroleum & Chemical Equipment Corporation has accounted for only about 5% of the company's revenue for the past three years; Zhenghe Ecology has signed a research and development technology service contract with Zhipu AI, but relevant business revenue and income have not yet been formed; Tianqi Lithium Corporation is expected to have a net loss of 7.905 billion yuan in 2024; the vice president of Jimin Health is suspected of committing a crime, and the company has reported it and received a case filing notice.
