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Tianqi Lithium Announces 2021 Q1 Results
Tianqi Lithium announces its 2021Q1 results.
- ·Total revenue 904 million RMB, net profits attributable to shareholders -248 million RMB
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·Total Assets 42.831 billion RMB, +1.89% YOY
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·Net cash flow from operating activities 335 million RMB, +2,646.25% YOY
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·EBIT 201 million RMB, +44.14%
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·Gross profit margin 45.55%
Operation key words
- ·Production is saturated.
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·IGO transactions are proceeding in an orderly manner as planned, and so far there have been no substantial obstacles such as rejection or prohibition.
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·Continue to actively promote the reduction of leverage, optimize the company's asset-liability structure, and improve profitability and cash flow.