1. What Happened? Q2 2025 Earnings Overview

Lotte Energy Materials reported revenue of KRW 204.9 billion and an operating loss of KRW 31.1 billion for Q2 2025. These figures significantly missed market expectations and contrast sharply with the growth trend in the EV battery materials market.

2. Why Did This Happen? Reasons for the Underperformance

Several factors contributed to this disappointing performance:

  • • Slowdown in global EV and IT market demand
  • • Decline in materials segment operating rate and profit margin
  • • Increased fixed cost burden due to overseas expansion
  • • Volatility in raw material prices and exchange rates
  • • Underperformance of new business initiatives

3. What Does This Mean for Investors? Investment Implications

This situation presents several key implications for investors:

  • • Increased uncertainty regarding turnaround timing
  • • Success of new business ventures becomes a crucial factor for future stock performance
  • • Importance of financial health management highlighted
  • • Potential for increased short-term stock price volatility

4. What Should Investors Do? Action Plan

Investors should focus on long-term business competitiveness and the potential success of new business ventures rather than short-term earnings improvements. It’s crucial to closely monitor factors like Elecfoil market recovery, capacity utilization rates, the performance of new businesses, and the company’s ability to manage its financial health. Careful consideration of these factors is vital when making investment decisions.