Samsung SDI Co Ltd

006400: XKRX (KOR)
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Samsung SDI Earnings: Results in Line; Valuation Raised 24% on Demand Outlook and Profit Recovery

Samsung SDI’s third-quarter revenue continued to recover, while operating profit doubled sequentially. Lithium-ion battery sales surged 52% year on year, driven by strong demand for energy storage systems in the US and electric vehicle batteries in Europe.

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