| Mobile Web

Solus Advanced Materials' 2025 operating loss widens 31 percent to 71.5 billion won

Solus Advanced Materials said on Feb. 5 it posted 2025 consolidated revenue of 616.4 billion won and an operating loss of 71.5 billion won. Revenue rose 8 percent from a year earlier, but the loss widened 31.3 percent. It cited weaker EV demand, lower plant utilisation, higher fixed costs, and increased funding and foreign-exchange-related costs. The company plans to complete the sale of its copper foil unit in the first half and focus on battery foil.