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Ganfeng Lithium: Significant increase in lithium salt prices, 291.67% year-on-year growth

Ganfeng lithium industry today disclosed the 2022 annual results of the flash report. The report shows that Ganfeng Lithium 2022 achieved revenue of 41.823 billion yuan, an increase of 274.68% year-on-year; net profit attributable to the mother 20.478 billion yuan, an increase of 291.67% year-on-year.

Ganfeng Lithium pointed out in the report that the main reasons for the year-on-year increase in performance for the period include.

Benefiting from the rapid development of the global new energy industry and strong growth in demand for lithium salts from downstream customers, the sales price of the Company’s lithium salt products in 2022 increased significantly compared to the same period in 2021.

The rapid release of production capacity of the company’s lithium battery segment and the significant increase in sales.

Ganfeng Lithium’s report that at the end of the reporting period, Ganfeng Lithium’s total assets were 79.135 billion yuan, up 102.61% from the beginning of the year. The owner’s equity attributable to shareholders of the listed company was 44.017 billion yuan, up 101.05% from the beginning of the year, the share capital was 2.017 billion shares, up 40.32% from the beginning of the year, and the net asset per share attributable to shares of the listed company was 21.82 yuan, up 43.27% from the beginning of the year.

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Stephen Cruise
Stephen Cruisehttps://www.techgoing.com
Stephen Cruise is a senior editor covering latest smartphones, EVs, PC gaming, console, and tech with 11 years of experience.

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