Samsung SDI Likely to Post Third Straight Quarterly Loss -- Market Talk
Dow Jones
Jun 09, 2025
0834 GMT - Samsung SDI is expected to report a third consecutive quarter of losses in 2Q, iM Securities analyst W.S. Chung writes in a note. The South Korean battery maker is likely to suffer from weaker-than-expected shipments of electric-vehicle batteries due to sluggish demand from its major clients such as BMW in Europe and Stellantis in the U.S., Chung says. The analyst expects Samsung SDI to post a 2Q operating loss of 231 billion won, sharper than a market consensus forecast of a 91 billion won loss. Weakness in EV battery shipments may be partially offset by an expected increase in shipments of batteries for electrical tools, he adds. (kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
June 09, 2025 04:34 ET (08:34 GMT)
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