Tianqi Lithium Widens Q3 Loss as Revenue Falls 57%; Shares Up 3%

MT Newswires Live

2024/10/31

Tianqi Lithium (SHE:002466, HKG:9696) posted third-quarter net loss attributable to owners of 495.6 million yuan, or 0.30 yuan per share, widening 130% from the previous year.

The real estate developer's Q3 revenue fell 57% year over year to 3.65 billion yuan, according to a Thursday filing with the Shenzhen bourse.

Shares of Tianqi Lithium rose 3% in recent trade on the Shenzhen bourse.

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