Sociedad Quimica y Minera de Chile SA ADR BTianqi expects SQM's half-year performance to increase substantially, boosting investment income.
Tianqi Lithium has released its 2026 half-year performance forecast, projecting net profit of 2.85 billion to 4.25 billion yuan, a year-on-year increase of 3,276.35% to 4,934.91%. After deducting non-recurring items, net profit is expected to be 2.81 billion to 4.2 billion yuan, surging 212,778.79% to 318,081.82%. The company attributed the sharp rise in performance mainly to the development of the new energy industry and growing downstream demand, with the average selling price of major lithium products significantly higher year-on-year. In addition, the half-year performance of its key associate SQM is expected to increase substantially year-on-year, leading to a corresponding sharp rise in investment income recognized by the company. Tianqi Lithium stated it will continue to advance its strategy of resource security and industry chain extension, and has formulated a shareholder return plan for 2026 to 2028, committing to at least one cash dividend every three consecutive years, with cumulative dividends no less than 30% of the average annual distributable profit over the past three years.
Sociedad Quimica y Minera de Chile SA ADR BTianqi expects SQM's half-year performance to increase substantially, boosting investment income.
Sichuan Tianqi Lithium Industries IncNet profit surge driven by growing downstream demand and higher lithium prices.