Search results for Ecopro Materials
Industry
Ecopro Q2 operating profit 32.9 billion won, up 103 percent year on year
Ecopro Group said it stayed in the black on growth in its environmental business amid a semiconductor market boom and improved profitability in its lithium business. The company posted second-quarter consolidated revenue of 820.8 billion won and operating profit of 32.9 billion won, up 103 percent from a year earlier. Operating profit fell from the previous quarter. Heavy rain in Indonesia temporarily reduced utilisation at a nickel smelter, weighing on overall profitability.
Industry
Ecopro posts Q1 operating profit of 60.2 billion won, up 4,280 percent
Ecopro said on Tuesday its first-quarter operating profit rose 4,280 percent from a year earlier to 60.2 billion won, while revenue increased 1.9 percent to 822.0 billion won. It cited the consolidation of Indonesia-based GEN smelter results, higher metal prices and a recovery in downstream battery and semiconductor industries. It also reported higher quarter-on-quarter sales and operating profit and a return to net profit.
People
Ecopro Materials appoints Lee Kyu-bong as new CEO
Ecopro Materials said on March 23 it has appointed Lee Kyu-bong as its new chief executive officer. The company plans to accelerate efforts to raise its self-sufficiency rate for precursors and diversify its customer base by installing an expert in the secondary battery field at the helm. Lee has held strategy and planning and operations roles at Samsung SDI and Ecopro affiliates, including serving as COO at Ecopro Materials.
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Finance
Nextrade adjusts trading-eligible stocks to 650 to handle surge in volume
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Industry
Ecopro posts 66.2 billion won Q4 operating profit, returning to profit
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Industry
Ecopro teams up with innovation foundation to foster regional ventures
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Industry
Korea reclassifies battery recycling as critical mineral manufacturing