Qinghai Salt Lake Industry forecasts significant Q3 earnings growth

Qinghai Salt Lake Industry expects its net profit attributable to shareholders for the first three quarters of 2025 to range from 4.3m yuan to 4.7m yuan, representing a year-on-year increase of 36.89% to 49.62%. This follows an anticipated profit of 3,141,250.70 yuan in the same period of 2024. Diluted earnings per share are projected to be between 0.81 yuan and 0.89 yuan.

For the third quarter alone (July 1 to September 30, 2025), the company forecasts net profit attributable to shareholders to be between 1.8m yuan and 2.2m yuan, an increase of 93.77% to 136.83% compared to the previous year's 928,924.70 yuan. Basic earnings per share for this period are estimated at 0.34 yuan to 0.42 yuan.

The positive outlook is attributed to increased output, with potassium chloride production at approximately 3.2662m tonnes and sales at 2.8609m tonnes. Lithium carbonate production reached about 31,600 tonnes, with sales at 31,500 tonnes. Higher potassium chloride prices, despite a downward adjustment in lithium carbonate prices, contributed to overall earnings growth. The company also confirmed that its financial data for this forecast has been communicated with its accounting firm, with no significant discrepancies.