Zhi Tong Cai Jing·2025-10-30 07:09Core Viewpoint - Ganfeng Lithium's stock opened over 7% higher following the release of its financial results, indicating positive market sentiment despite challenges in the lithium product market [1] Financial Performance - For the first three quarters of 2025, Ganfeng Lithium reported revenue of 14.625 billion RMB, a year-on-year increase of 5.02% [1] - The net profit attributable to shareholders was 25.52 million RMB, a significant recovery from a loss of 640 million RMB in the same period last year [1] - Basic earnings per share were reported at 0.01 RMB [1] Sales and Pricing Dynamics - The company experienced a decline in revenue during the third quarter, primarily due to a decrease in both the sales volume and average selling price of lithium products compared to the previous year [1] - The increase in net profit was attributed to a shortened pricing cycle for lithium from its subsidiary Windfield Holdings Pty Ltd, which mitigated previous mismatches in pricing mechanisms for lithium chemical products [1]