HK Stock Market Move | Ganfeng Lithium Group (01772) opened more than 7% higher after the release of its performance report. The net profit attributable to the parent company in the first three quarters was 25.52 million yuan, turning losses into profits compared to the same period last year.

Ganfeng Lithium Group (01772) opened more than 7% higher after the performance, with a rise of 7.63% at the time of writing, reaching 50.8 Hong Kong dollars with a turnover of 41.3918 million Hong Kong dollars. On the news front, on October 29th, Ganfeng Lithium Group announced that in the first three quarters of 2025, the company's operating income was 14.625 billion yuan, a year-on-year increase of 5.02%; the net profit attributable to the shareholders of the listed company was 25.52 million yuan, compared to a loss of 640 million yuan in the same period last year; the basic earnings per share was 0.01 yuan. The announcement stated that the company's third-quarter revenue declined, mainly due to a decrease in the sales volume and selling prices of the company's lithium products compared to the same period last year. The increase in net profit is mainly due to a decrease in the selling prices of lithium products compared to the same period last year, despite fluctuations in the lithium product market. This was offset by the shortening of the pricing cycle of the company's subsidiary Windfield Holdings Pty Ltd's lithium mine, which significantly reduced the mismatch in the timing cycle between the pricing mechanism of its wholly-owned subsidiary Talison Lithium Pty Ltd's chemical-grade lithium concentrate and the pricing mechanism of the company's lithium chemical products sales in previous years.