Samsung SDI Co Ltd (XKRX:006400)
â‚© 401000 -4500 (-1.11%) Market Cap: 26.57 Til Enterprise Value: 30.24 Til PE Ratio: 14.55 PB Ratio: 1.42 GF Score: 80/100

Q3 2023 Samsung SDI Co Ltd Earnings Call Transcript

Oct 26, 2023 / 01:00AM GMT
Release Date Price: â‚©423000 (-5.05%)
Operator

[Interpreted] Good morning, and good evening. First of all, thank you for joining this conference call for the Fiscal Year 2023 Q3 Earnings by Samsung SDI. (Operator Instructions) Now we shall commence the presentation of the earnings call by Samsung SDI.

Yoontae Kim
Samsung SDI Co., Ltd. - VP of Business Management Office

[Interpreted] Good morning, and thank you for joining us today. I am Yoontae Kim, Vice President of Business Management Office at Samsung SDI. First, joining us are CFO Jong Sung Kim; EVP Michael Son, representing Automotive & ESS Battery; EVP Jae-Young Lee for Small Battery; and EVP Sang-Kyun Kim for Electronic Materials.

We'll now begin the earnings call for the Q3 of 2023. First off, our results and financial highlights. Despite a challenging business environment with weakening market demand under a long-lasting global economic downturn, we yielded better results in both revenue and profits versus last quarter. We delivered KRW 5.9 trillion in revenue, up by 2% Q-o-Q and 11% Y-o-Y.

The operating profit stood at KRW

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