Apr 30, 2024 / 01:00AM GMT
Operator
Good morning and good evening. Thank you all for joining the conference call of the earnings results of Samsung SDI. (Operator Instructions)
Now we will begin the presentation on Samsung SDI's first quarter 2024 earnings results.
Yoontae Kim - Samsung SDI Co., Ltd. - VP of Business Management Office
[Interpreted] Good morning and good evening. Thanks for joining us today. I'm Yoontae Kim, Vice President of Business Management Office at Samsung SDI. First, on the call with me is CFO, Jongsung Kim; EVP, Michael Son, for Automotive and ESS Battery; EVP, Hanjae Cho, representing Small Battery; and VP, Kyongho Yoon for Electronic Materials.
We will now begin the earnings call for the first quarter of 2024. Let me start with our quarterly results and financial highlights. In Q1, under the effect of a slowed market demand incited by prolonged global recession as well as low seasonality, the revenue generated was KRW 5.1 trillion, down 8% Q-o-Q and 4% Y-o-Y. The operating profit was KRW 267 billion, which decreased 14% Q-o-Q and 29% Y-o-Y. The
Q1 2024 Samsung SDI Co Ltd Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot