THE INVESTOR

메뉴열기
October 17, 2018

[EQUITIES] ‘Samsung SDI boosted by larger batteries’

PUBLISHED : June 12, 2018 - 11:22

UPDATED : June 12, 2018 - 11:22

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

[THE INVESTOR] Samsung SDI’s medium- and large-sized batteries will lift the whole company’s bottom line, said IBK Securities on June 12, maintaining a “buy” recommendation and raising the target price to 290,000 won (US$269.44) from 250,000 won.




Propelled by the larger battery sector, its revenue in the second quarter will increase 16.7 percent from the previous quarter to 2.23 trillion won and operating profit will almost double to 134.7 billion won. The company’s medium and large batteries business has entered a long-term growth cycle, and will turn to black this year, said analyst Kim Un-ho.

Energy saving system will be the main contributor of its earnings improvement, as the market expands in tandem with new renewable energy industry, and revenue this year will triple from last year. Automobile batteries unit is steadily advancing as well by securing new clients, and sales will top 4 trillion won by 2020, said the analyst adding that profitability of small batteries is stabilizing fast and will maintain growth momentum. 

By Hwang You-mee (glamazon@heraldcorp.com)

  • 페이스북
  • 트위터
  • sms
최상단으로
Herald Corporation|CEO : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Shin Chang Hoon
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0615|Business info
COPYRIGHT HERALD CORPORATION. ALL RIGHTS RESERVED.