What were GANFENG Lithium's revenue and net profit figures for the first half of 2025, and how did they change year-on-year?

Ganfeng Lithium reported revenue of RMB 23.097 billion for the first half of 2025, a 175.8% year-on-year increase; its net profit attributable to shareholders was RMB 4.257 billion, representing a turnaround from a RMB 531 million loss in the same period of 2024.

How did rising lithium prices affect Ganfeng Lithium's lithium-related business performance in the first half of 2025?

Rising lithium prices drove a 30-percentage-point increase in gross margin for lithium products to 42.5%, and lithium raw materials contributed 60% of total revenue, with lithium product revenue surging nearly twofold to RMB 14.19 billion year-on-year.

Lithium Prices Rise Nearly 30% in First Half, Major Lithium Producers Report Profit Surge

Aug 29, 2026

Lithium prices surged nearly 30% in the first half, driving significant profit growth for leading producers like Ganfeng Lithium. The company reported a 175.8% revenue increase and turned profitable, attributing gains to higher lithium product prices and sales volumes.

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