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Photo=OCI |
[Alpha Biz= Kim Jisun] Seoul, April 23, 2025 — OCI announced that its consolidated operating profit for the first quarter of 2025 dropped 73.6% year-on-year to KRW 10.2 billion, according to provisional earnings results released on April 23.
Revenue for the quarter stood at KRW 538.8 billion, showing a marginal decline of 0.3% from the same period last year. The company also posted a net loss of KRW 17.3 billion, swinging into the red compared to a profit in the previous year.
The sharp decline in earnings was mainly driven by the prolonged global economic downturn and ongoing weakness in the semiconductor sector, one of OCI’s key downstream markets. OCI is a leading producer of essential materials including semiconductor-grade polysilicon and phosphoric acid.
Despite persistent short-term headwinds—including escalating U.S. tariff concerns—OCI expects a gradual recovery in market conditions starting in the second half of the year.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
