Industry
Ecopro BM posts Q2 operating profit of 18 billion won, down 63 percent year on year
Ecopro BM stayed profitable this quarter, posting second-quarter consolidated revenue of 576.7 billion won and operating profit of 18 billion won, it said on July 31. Revenue fell 26.0 percent and operating profit dropped 63.2 percent from a year earlier. Results also weakened from the prior quarter, and the company swung to a net loss of 4.5 billion won. It plans to expand cathode-material supply and advance investments in Indonesia and Hungary.
