Samsung SDI Co Ltd

006400: XKRX (KOR)
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Samsung SDI Earnings: Revenue in Line; Profit Recovery Trend Continued, Albeit at a Slower Pace

Samsung SDI’s June-quarter revenue recovered from last quarter and operating income returned to profit after six quarters. Lithium-ion battery sales grew 19% year on year due to strong demand for energy storage systems, or ESS, and electric vehicle, or EV, battery demand remained lackluster in US.

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