Q3 2019 Samsung SDI Co Ltd Earnings Call Transcript
Good afternoon. I am Yoontae Kim, Vice President of the business management office at Samsung SDI. Before we begin, I would 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; and Head of Electronic Materials strategic marketing Team, Kyunghoon Kim, have joined us. We will now start the third quarter 2019 earnings call.
First of all, we will announce our third quarter 2019 results. Third quarter revenue was KRW 2,567.9 billion, an increase of 7% from the previous quarter.
By business divisions. Battery revenue was KRW 1,951.7 million, a 7% increase quarter-on-quarter mainly driven by an increase in ESS and automotive battery sales. Electronic Materials revenue was up 6% quarter-on-quarter to KRW 614.3 billion, thanks to an increase in display materials sales.
Operating profit was KRW 166 billion, a 6% increase from the previous quarter. Pretax profit was KRW 300.4 billion, and net profit was KRW 217.4
| 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... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
