[ET Net News Agency, 15 October 2021] Ganfeng Lithium Co., Ltd. (01772) said for the
first three quarters of 2021, net profit attributable to shareholders of the listed
company is expected to be RMB2,082,500,000 to 2,572,500,000, increased by 530.14% to
678.41% as compared with the corresponding period last year.
During the current reporting period, the production and sales volume of the products of
the company increased as compared to the corresponding period last year and the average
sales price of the products increased as compared to the corresponding period last year,
which result in the year-on-year increase of the company's operating net profit. During
the current reporting period, the financial assets held by the company generated gain on
change in fair value, which results in the year-on-year increase of the company's
non-recurring gains. (RC)