Samsung SDI Co. (006400.KS) posted a first quarter net loss to owners of the parent of 28 billion Korean won compared to a loss of 221 billion won, prior year. Operating loss narrowed to 156 billion won compared to a loss of 434 billion won.
First quarter revenue increased to 3.58 trillion Korean won from 3.18 trillion won, prior year. Batteries revenue increased year-over-year due to rebound in demand for utility ESS, AI datacenter UPS BBU, and power tool markets.
Shares of Samsung SDI are trading at 6,77,000 Korean won, up 6.61%.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.