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<Research>UBS: TIANQI LITHIUM (09696.HK) 1Q Preliminary Results Beat; Positive Investor Reaction Expected
Recommend 4 Positive 4 Negative 4 |
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TIANQI LITHIUM (09696.HK) announced its preliminary results for 1Q26, with net profit attributable to shareholders ranging from RMB1.7 billion to RMB2 billion, higher than the market consensus of RMB1.2 billion, UBS published a research report saying. On a recurring basis, net profit attributable to shareholders for the period was RMB1.6-1.96 billion. UBS expected a positive investor reaction to the results. Management has not revised the Company's outlook or guidance. Therefore, the broker rated TIANQI LITHIUM's A-shares at Buy, with a target price of RMB78.3. Auto-translated by AI AASTOCKS Financial News |
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