天齐锂业：2025 年全年初步业绩低于预期

January 29, 2026 05:14 PM GMT Tianqi Lithium Industries Inc. | Asia Pacific Lower-than-expected preliminary full-year 2025 results Reaction to earnings Unchanged Modest shortfall Largely unchanged Impact to our thesis Financial results versus consensus Direction of next 12-month consensus EPS Source: Company data, Morgan Stanley Research Tianqi reported full-year 2025 preliminary net profit of Rmb369-553mn, vs. a Rmb7.9bn loss in full-year 2024, below consensus of Rmb777mn. Implied 4Q25 net profit is Rmb189 ...