0102 GMT - Ganfeng Lithium's projected higher full-year sales could push the company back into profit this year, say UOB Kay Hian's Ken Lee and Bella Lu in a report. A ramp-up in lithium supply from its self-owned projects and expanded production capacity could boost Ganfeng's lithium compound sales, they say. Its solid-state batteries are also closer to commercialization and should benefit from the Chinese robotics sector's planned mass production next year, Lee and Lu say. The analysts expect Ganfeng to post a 2025 profit instead of a loss and raise their 2026 and 2027 earnings estimates by 42% and 21%, respectively. UOB KH raises its rating on Ganfeng's H shares to buy from hold, with a higher target of HK$78.00 from HK$40.00. Shares last at HK$51.30. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

November 02, 2025 20:03 ET (01:03 GMT)

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