Ganfeng are flagging big loses for the first half due to falling Lithium prices, share price has declined 30% ytd.
Ganfeng estimate a net loss of between 760 million yuan (US$104 million) and 1.25 billion yuan (US$172 million) - down from a net profit of 5.85 billion yuan (US$800 million).
Operating activities are cash positive for the 2nd quarter and losses mainly attributed to 1st quarter and PLS shares.
Tianq also expects a net loss between 4.88 billion yuan and 5.53 billion yuan.
https://asia.nikkei.com/Business/Companies/Chinese-lithium-majors-sink-into-red-despite-EV-growth?utm_source=www.moneyofmine.com&utm_medium=newsletter&utm_campaign=bhp-announce-much-anticipated-nickel-west-suspension
- Forums
- ASX - By Stock
- LLL
- Sale of Goulamina
Sale of Goulamina, page-6
Featured News
Add LLL (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $605.4M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LLL (ASX) Chart |
Day chart unavailable