Lotte Energy Materials 2026 Q1: Operating Loss Sharply Narrowed, Net Profit Turnaround
Operating profit turnaround: Consolidated operating loss of 49.8 billion won (significantly improved from 145.2 billion loss in 2025), consolidated net profit of 1.58 billion won (EPS 30 won) turning positive
Revenue decline: Consolidated revenue 159.8 billion won (down from 677.5 billion in 2025 annual)
New investments: 49 billion won facility expansion for AI accelerator circuit foil at Iksan 1 plant; Investment in silicon anode startup Enwires via Lotte Energy Material Fund (7.9 billion won CVC)
Next-gen material R&D: Pilot plants completed for sulfide solid electrolyte and LFP cathode materials; R&D spending 4.4 billion won (2.73% of sales)
Legal risks: 5 ongoing lawsuits against subsidiaries (total claims ~3.7 billion won), 1 case won (POSCO E&C)
Major contract: Long-term supply agreement with Samsung SDI for Elecfoil (2022~2030)