Aug 31, 2021 08:00 AM

Tianqi Lithium Corporation Limited Posted 246.6 Million Yuan Net Profit in First Half of 2021

Tianqi Lithium Corporation Limited (天齐锂业股份有限公司) (002466.SZ) reported a net profit of 246.6 million yuan in the first half of 2021, reversing a net loss of 310 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 25.1% year-on-year.

At the end of the reporting period, it had 41.3 billion yuan in total assets and 34.2 billion yuan in total liabilities, with a liability-to-asset ratio of 82.7%.

This article was automatically produced by Caixin Automation on Sept. 1, 2021.

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