Samsung SDI Co Ltd (XKRX:006400)
â‚© 255000 -1000 (-0.39%) Market Cap: 16.90 Til Enterprise Value: 25.93 Til PE Ratio: 12.90 PB Ratio: 0.88 GF Score: 81/100

Q1 2023 Samsung SDI Co Ltd Earnings Call Transcript

Apr 27, 2023 / 01:00AM GMT
Release Date Price: â‚©706000 (+0.43%)
Yoontae Kim
Samsung SDI Co., Ltd. - VP of Business Management Office

[Interpreted] Good morning, and thank you for joining us today. I'm Yoontae Kim, Vice President, Business Management Office at Samsung SDI. Let me introduce our team attending today's conference call: our CFO, Jong Sung Kim; Head of the Automotive and ESS Battery Strategy Marketing team, Michael Son; Head of the Small Battery Strategy Marketing team, Jae-Young Lee; and Head of Electronic Materials Strategy Marketing team, Sang-Kyun Kim. We will now begin the earnings call of the first quarter.

Let us start with the Q1 results and financial results -- highlights. This quarter, both the revenue and the operating profit declined compared to the last quarter due to the slow global economy and seasonality. However, it was a leap from the year-ago quarter.

The first quarter revenue was KRW 5,354.8 billion. Operating profit was KRW 375.4 billion, a decline from the past quarter but a 32% and 16% increase year-on-year.

The Energy business generated KRW 4,797.8 billion in revenue, down 10% from the prior quarter but

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