Lotte Energy Materials CorporationKRX: 020150

Lotte Energy Materials: H1 2024 saw lower sales but a return to profitability, with major global expansion underway

· Issued by Lotte Energy Materials Corporation

Revenue and operating profit declined year-over-year, but net income turned positive in H1 2024. The company is investing heavily in global Elecfoil capacity, with major expansions in Malaysia and Spain, and maintains a strong cash position.

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