Core Facts
Net profit attributable to shareholders was RMB 60.0663 million, compared with a loss of RMB 15.305 million in the same period last year, marking a turnaround to profitability year on year. During the reporting period, the company's lithium salt product selling prices increased year on year, and capacity release from the Zabuye Phase II project contributed.
Related Progress
By quarter, the company reported net profit of RMB 41 million in Q2 and RMB 19 million in Q1, with Q2 net profit up 116% quarter over quarter.