Ganfeng Lithium reports 13% revenue drop, swings to loss

Ganfeng Lithium reported revenue of 8.26bn yuan for the six months ended June 30, down 13.3% from the prior year. The company posted a loss of 536m yuan, compared to a smaller loss in the first half of 2024.

Total assets grew 6.7% to 107.6bn yuan, while net assets fell 6.3% to 44.6bn yuan.