Ganfeng Lithium: 2020 net profit about 985 million yuan, an increase of 175.15% YoY

NBD AI Bulletin -- Ganfeng Lithium Co., Ltd (SZ 002460, close price: 99.02 yuan) released the 2020 annual results on February 26, saying that last year, the Company posted gross revenue of approximately 5.524 billion yuan, an increase of 3.4% year over year, the net profit attributable to shareholders amounted to about 985 million yuan, up 175.15% year on year, and the basic earnings per share stood at 0.76 yuan, up 171.43% compared with the previous year.

The 2020 semi-annual report shows that Ganfeng Lithium mainly engages in non-ferrous metal smelting and pressing processing, lithium battery & core & direct materials, accounting for 74.69% and 17.37% of its revenue, respectively.

Ganfeng Lithium's president and chairman is Li Liangbin, male, 54, professor-level senior engineer.

(By Gao Han)

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