Oci Holdings Company Ltd.KRX: 010060

Operating income plunged 77% in Q3 2024 amid weak polysilicon demand and rising costs

· Issued by Oci Holdings Company Ltd.

Q3 2024 saw a 4% drop in sales and a 77% decline in operating income, mainly from weaker polysilicon performance and higher urban development costs. Uncertainties in U.S. trade policy and global solar oversupply continue to impact demand, but stable revenues are expected from new solar projects.

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