0855 GMT - Samsung SDI could record a sharper-than-expected 2Q loss due to sluggish shipments of prismatic batteries for electric vehicles, KB Securities analyst C.M. Lee writes in a note. The South Korean battery maker's 2Q operating loss could reach 194 billion won, compared with market consensus for a 98 billion won loss, Lee says. The company has been in the red since 4Q 2024. It could return to a profit in 4Q 2025 on a possible recovery in EV battery demand from Europe, the analyst notes. For the year, KB expects Samsung SDI to log a steeper-than-expected operating loss of 699 billion won due to weak demand in Europe and North America. (kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
June 19, 2025 04:55 ET (08:55 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.