Samsung SDI Co Ltd (XKRX:006400)
â‚© 408500 -3000 (-0.73%) Market Cap: 27.07 Til Enterprise Value: 30.74 Til PE Ratio: 14.82 PB Ratio: 1.45 GF Score: 86/100

Q3 2019 Samsung SDI Co Ltd Earnings Call Transcript

Oct 29, 2019 / 04:30AM GMT
Release Date Price: â‚©228000 (-0.65%)
Yoontae Kim
Samsung SDI Co., Ltd. - VP of Business Management Office

Good afternoon. I am Yoontae Kim, Vice President of the business management office at Samsung SDI. Before we begin, I would like to introduce our management team attending today's conference call. Our CFO, Young-No Kwon; Head of the Battery strategic marketing team, Michael Son; and Head of Electronic Materials strategic marketing Team, Kyunghoon Kim, have joined us. We will now start the third quarter 2019 earnings call.

First of all, we will announce our third quarter 2019 results. Third quarter revenue was KRW 2,567.9 billion, an increase of 7% from the previous quarter.

By business divisions. Battery revenue was KRW 1,951.7 million, a 7% increase quarter-on-quarter mainly driven by an increase in ESS and automotive battery sales. Electronic Materials revenue was up 6% quarter-on-quarter to KRW 614.3 billion, thanks to an increase in display materials sales.

Operating profit was KRW 166 billion, a 6% increase from the previous quarter. Pretax profit was KRW 300.4 billion, and net profit was KRW 217.4

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