智通财经网·2025-10-30 02:42Core Viewpoint - Tianqi Lithium Industries (09696) experienced a stock price increase of over 5%, reaching HKD 47.98, with a trading volume of HKD 163 million [1] Financial Performance - For the first three quarters of 2025, the company reported revenue of approximately RMB 7.397 billion, a year-on-year decrease of 26.5% [1] - The net profit attributable to shareholders was approximately RMB 180 million, showing a year-on-year increase of 103.16% [1] - In the third quarter, revenue was RMB 2.565 billion, down 29.66% year-on-year [1] - The net profit for the third quarter was RMB 95.4855 million, reflecting a year-on-year increase of 119.26% [1] Market Dynamics - Despite a year-on-year decline in lithium product sales prices, the impact of the pricing mechanism mismatch between Talison lithium concentrate and lithium chemical product sales has significantly diminished [1] - The expected substantial growth in the performance of the joint venture company SQM has contributed to an increase in investment income year-on-year [1] - The appreciation of the Australian dollar has resulted in increased foreign exchange gains [1]