Q1 2019 Samsung SDI Co Ltd Earnings Call Transcript
[Interpreted] Good afternoon. This is Yoontae Kim, Vice President of the Business Management Office at Samsung SDI. Before we begin, I'd like to introduce our management team attending today's conference call. Our CFO, Young-No Kwon; Head of the Battery Strategic Marketing Team, Michael Son; Head of the Electronic Materials Strategic Marketing Team, Kyunghoon Kim are with us this afternoon. We will now start the 2019 Q1 earnings call.
First, regarding Q1 results. Q1 revenue was KRW 2,304.1 billion, a 7% decrease Q-o-Q. By division, battery division revenue was KRW 1,730.1 billion, an 8% decrease Q-o-Q, mainly driven by a decline in ESS sales despite growth in cylindrical and automotive battery sales. Electronic materials revenue was KRW 572.1 billion, a 4% decrease Q-o-Q due to reduced sales of semiconductor and OLED materials.
Operating profit was KRW 118.8 billion, a 52% decrease Q-o-Q affected by sales decrease and operation of a new production line, but it was a 65% increase Y-o-Y. Pretax profit was KRW 70.5
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |