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28 Jan
04:39

Tianqi returns to black in 2021

Shenzhen-listed A-share lithium-ion battery core material supplier Tianqi Lithium has released its 2021 annual performance forecast, in which it expects an increase in 2021 net profit of last year, a recovery fromits loss in 2020, Kallanish notes.  According to Tianqi, it expects its 2021 net profit to be CNY 1.8-2.4 billion ($283.18-377.58 million), and CNY 1.08-1.6 billion after deductions. In 2020, its net loss was about CNY 1.83 billion, or…
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