Business
SKC : Revenue up 7% but net loss deepens on asset impairments and restructuring
SKC : Revenue up 7% but net loss deepens on asset impairments and restructuring
About this update from Skc Co., Ltd.
Revenue rose 7% to KRW 1.84 trillion, but operating and net losses widened due to continued weakness in battery materials and chemicals, and large asset impairments. Major restructuring and divestitures were executed to focus on core businesses and improve capital efficiency.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.