Tiantie shares (300587.SZ) issued a pre-profit. The net profit for the first three quarters is expected to be 24 million yuan to 30 million yuan, turning a loss into a profit

Zhitongcaijing · 10/25 11:17

According to the Zhitong Finance App, Tiantie Co., Ltd. (300587.SZ) disclosed the results forecast for the first three quarters of 2024. The company expects net profit attributable to shareholders of listed companies of 24 million yuan to 30 million yuan, turning a loss into a profit; net loss of 21 million yuan to 27 million yuan after deducting non-recurring profit and loss.

The announcement shows that from January to September 2024, although the price of lithium compounds showed a downward trend, the decline was less than in 2023. The impact of the phased mismatch between the sales price of the company's lithium products and the purchase price of raw materials decreased, and the impact on performance decreased accordingly.