Zangge Mining's net profit in the first quarter increased by 13.06% year-on-year

 

In the first quarter of 2023, the company achieved operating income of 1.374 billion yuan, a year-on-year increase of 6.84%; net profit attributable to the parent company was 921 million yuan, a year-on-year increase of 13.06%. In the first quarter of this year, the company produced 1,783 tons of lithium carbonate, but sold 534 tons. This is in stark contrast to the same period last year, when lithium carbonate production was 1,755 tons and sales were as high as 2,153 tons. "The price of lithium carbonate has been falling in the first quarter, sales have been affected, and the sales volume has been less." A person from Zangge Mining said.