Ganfeng Lithium's 2024 annual performance forecast, expected net profit loss

Ganfeng Lithium released its 2024 annual performance forecast, predicting a net loss of 2.1 billion to 1.4 billion yuan attributable to shareholders of the listed company, a year-on-year decrease of 142.45% to 128.30%. The company said that in 2024, due to market fluctuations in lithium products, the sales prices of lithium salts and lithium battery products fell. Although product shipments increased year-on-year, the company's operating performance fell sharply year-on-year.