Solus Advanced Materials Co., Ltd.

A336370

KR7336370002

Electronic Equipment & Parts

End-of-day quote Korea S.E. Other stock markets 23:00:00 22/05/2024 BST			5-day change	1st Jan Change
16,720 ^KRW	+1.70%		+0.18%	+26.19%

05-09	Solus Advanced Materials Receives Approval from Global Leading GPU Manufacturers in North America for Its Low Signal Loss Copper Foil for AI Accelerators	CI
02-07	Solus Advanced Materials Co., Ltd. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	CI

Solus Advanced Materials Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022

July 20, 2022 at 05:19 pm

Solus Advanced Materials Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 100 million compared to USD 82 million a year ago. Net income was USD 4 million compared to USD 5 million a year ago.
For the six months, sales was USD 198 million. Net income was USD 4 million.

Latest news about Solus Advanced Materials Co., Ltd.

Solus Advanced Materials Receives Approval from Global Leading GPU Manufacturers in North America for Its Low Signal Loss Copper Foil for AI Accelerators	05-09	CI
Solus Advanced Materials Co., Ltd. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	02-07	CI
Solus Advanced Materials Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	27/10/23	CI
Canada, Japan agree to work more closely on battery supply chains	21/09/23	RE
Unit of S. Korea's Solus to build Canada copper foil facility as part of EV battery push	05/09/23	RE
Solus Advanced Materials Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	26/07/23	CI
Croda International Plc completed the acquisition of Solus Biotech Co., Ltd. from Solus Advanced Materials Co., Ltd..	03/07/23	CI
Solus Advanced Materials Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023	25/04/23	CI
FTSE 100 Closed Down 0.8% Amid Strong US Jobs Data	06/02/23	DJ
UK Building Shares Drop After Activity Falls in January	06/02/23	DJ
UK Banks Get Rate Boost, But Deposit Outflows May Weigh	06/02/23	DJ
BOE Likely to Raise Rates Further as Inflation Expected to Persist, MPC's Mann Says	06/02/23	DJ
FTSE 100 Lower as Finance, Property, Retail Stocks Drop	06/02/23	DJ
Croda International buys Solus Biotech for GBP232 million	06/02/23	AN
FTSE 100 to Track Global Losses	06/02/23	DJ
Croda International to Purchase South Korea's Solus Biotech in GBP232 Million Deal	06/02/23	MT
Croda International Plc agreed to acquire Solus Biotech Co., Ltd. from Solus Advanced Materials Co., Ltd. for KRW350 billion.	05/02/23	CI
Solus Advanced Materials Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	29/10/22	CI
Solus Advanced Materials Co., Ltd.(KOSE:A33637K) dropped from S&P Global BMI Index	19/09/22	CI
Solus Advanced Materials Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	20/07/22	CI
Solus Advanced Materials Unit To Invest 285 Billion Won In Hungary Unit	06/07/22	RE
Solus Advanced Materials Co. Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022	21/04/22	CI
Solus Advanced Materials Co. Ltd. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021	09/02/22	CI
Solus Advanced Materials Purchases Copper Foil Factory Site in Quebec	16/11/21	MT
Solus Advanced Materials Co. Ltd. acquired Copper Foil Plant Site in Canada.	14/11/21	CI

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Company Profile

Solus Advanced Materials Co Ltd is a Korea-based company principally engaged in the manufacturing and sale of electronic components. The Company operates its business through two segments. The Battery Foil Business segment manufactures and sells copper foils and battery foils used for printed circuit boards (PCBs), communication equipment and electric vehicle batteries. The High-tech Materials Business segment produces and provides organic light emitting diodes (OLEDs) used for displays.

Sector

Electronic Equipment & Parts

Calendar

26/05/2024 - UBS Asian Investment Conference

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Sell

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OUTPERFORM

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Last Close Price

16,720 KRW

Average target price

18,389 KRW

Spread / Average Target

+9.98%

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