Industry
Ecopro BM posts 41 billion won Q4 operating profit, returns to profit
Ecopro BM says it returned to profitability on gains from an equity investment in an Indonesia smelter and a recovery in European electric vehicle cathode material sales. It reported fourth-quarter revenue of 499.2 billion won and operating profit of 41.0 billion won. Full-year revenue was 2.53 trillion won and operating profit was 142.8 billion won. It plans to start commercial production at its Hungary plant in the first half.
