Chunbo (A27828) Q2 2025 earnings summary

Executive summary

• Revenue for H1 2025 was KRW 68.6 billion, down 7.9% year-over-year, while operating profit rose to KRW 5.7 billion, a 106% increase from the prior year period. Net loss attributable to owners was KRW 4.2 billion, narrowing from a KRW 27.4 billion loss in H1 2024.

• Electronic materials segment remained stable, secondary battery materials saw a decline in sales and posted an operating loss, while fine chemicals and pharmaceuticals also experienced lower sales.

Financial highlights

• Consolidated revenue: KRW 68.6 billion (H1 2025), down from KRW 75.7 billion (H1 2024).

• Operating profit: KRW 5.7 billion (H1 2025) vs. operating loss of KRW 26.2 billion (H1 2024).

• Net loss: KRW 5.4 billion (H1 2025) vs. net loss of KRW 22.3 billion (H1 2024).

• Gross margin improved to 15.1% from -28.8% year-over-year.

• Basic and diluted EPS: KRW -512 (H1 2025) vs. KRW -2,196 (H1 2024).

Outlook and guidance

• Management continues to focus on cost control, capital structure optimization, and R&D investment to support long-term growth.

• Dividend policy remains under review, with no interim dividend declared for H1 2025.