Summary by Futu AI
Tianqi Lithium Corporation released its financial report for the first half of 2024, ending on June 30, 2024. The report shows that the company's revenue has decreased significantly by 74.18% compared to the same period last year, to 6,401,143,000 RMB; gross profit has decreased by 84.64% compared to the same period last year, to 3,315,656,000 RMB. Net loss reached 5,198,402,000 RMB, a decrease of 180.64% compared to the same period last year. The company pointed out that the fluctuation in lithium product prices has had a significant impact on revenue and gross profit. In addition, the company distributed a cash dividend of 13.50 RMB per 10 shares to shareholders for the 2023 fiscal year. To diversify its debt financing instruments and ensure the stability of cash flow, the company registered and...Show More