0244 GMT - SK IE Technology may report a narrower-than-expected loss this year as it secures more contracts, including a 291.40 billion won deal in February, Nomura analyst Cindy Park writes in a note. The South Korean lithium-battery separator maker's shipments are forecast to rise 97% in 2025 but fall short of helping it break even, Park says. She expects the company's annual net loss at 74 billion won, compared with her earlier projection of 107 billion won, after factoring in new contract wins and still uncertain electric-vehicle demand. Nomura cuts its target price on the stock by 25% to KRW30,000 and keeps a neutral rating. Shares are 0.2% higher at KRW27,100. (kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
March 06, 2025 21:44 ET (02:44 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。