Tianqi Lithium Industry: Net profit in the third quarter was 5.654 billion yuan, a year-on-year increase of 1173.35%

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36 Krypton learned that Tianqi Lithium Industry announced on the evening of the 27th that the revenue in the third quarter was 10.35 billion yuan, a year-on-year increase of 580.19%; the net profit was 5.654 billion yuan, a year-on-year increase of 1173.35%. In the first three quarters, revenue was 24.645 billion yuan, a year-on-year increase of 536.4%; net profit was 15.981 billion yuan, a year-on-year increase of 2916.44%. The sales volume and average price of the company’s main lithium products both increased compared with the same period last year; according to Bloomberg, the company’s associate company SQM’s performance in the third quarter of 2022 will increase significantly year-on-year, and the company’s confirmed investment income in the associate company has increased significantly year-on-year.
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