TianQi Lithium Released Its Semi-annual Performance Report In 2019
2019-03-19 08:58:44
China Nonferrous Metals Monthly 2019年8期
TianQi Lithium Released Its Semi-annual Performance Report In 2019
TianQi Lithium released its semi-annual performance report in 2019: The company achieved operating income of RMB 2589.54 million, presenting a YOY decrease of 21.28%. Main reasons are: In January to June, 2018, the price of the company’s lithium chemical products was still at a high level. Since the second half of 2018, the adjustment in supply and demand pattern in this industry caused some restraints in the price of lithium chemical product, leading to obvious decrease in sales income in January to June, 2019, compared with the same period in the previous year. During the report period, net profit attributable to shareholders in listed company was RMB 205.6176 million, presenting a YOY decrease of 84.30%. Main reasons are: 1), the decrease in price of the previously-mentioned lithium chemical product; in January to June, the increase in M&A loan led to significant increase in interest expense, compared with the same period in previous year.
China Nonferrous Metals Monthly2019年8期
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