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SKC Raises 1 Trillion Won to Secure Future Growth Engines... A Bold Move to Dominate the Glass Substrate Market
● Resolves a rights issue of approximately 1 trillion won... Largest shareholder SK Inc. announces active participation.● Approximately 590 billion won allocated to 'Absolics' product development... Reflects strong commitment to accelerating the business.● Approximately 410 billion won to be utilized for debt repayment... "Securing future growth engines while strengthening internal stability."SKC is embarking on a large-scale fundraising initiative to accelerate the growth of its future businesses and strengthen its financial soundness.On the 26th, SKC announced that its board of directors held a meeting and resolved on a rights issue of approximately 1 trillion won. Through this, SKC plans to enhance its execution capabilities in the next-generation materials business, such as glass substrates, and simultaneously improve its financial structure to leap forward as a global advanced materials company. On the same day, the largest shareholder, SK Inc. (40.64% stake), also announced its participation in an oversubscription (120% of its allocated shares), citing the strong growth potential of SKC’s semiconductor materials business.The rights issue will be conducted through a shareholder allocation followed by a general public offering of forfeited shares. The record date for the allotment of new shares is April 7, and the subscription period for existing shareholders will take place over two days starting May 14. The issue price is expected to be finalized in mid-May.Around 60% of the funds secured through this rights issue, amounting to approximately 590 billion won, will be invested in product development at Absolics, SKC’s glass substrate investment company. Recently, Absolics has made meaningful progress in product development for global Big Tech clients. Under the leadership of the new CEO Kang Ji-ho, a former Intel and SK Hynix executive, the company is focusing on strengthening its execution capabilities by consolidating the expertise of professional engineers.Moving forward, Absolics plans to implement a "Two-Track" strategy to achieve timely market entry, simultaneously developing the "Embedding" method—a high-end product for AI data centers—and the "Non-Embedding" method, which allows for faster commercialization. Furthermore, the company aims to solidify its technological superiority by building an ecosystem with various stakeholders and partners.The remaining amount of approximately 410 billion won will be used to repay borrowings to enhance financial soundness. The company plans to prioritize repaying maturing debts to reduce financial costs and improve its debt-to-equity ratio. In fact, following this rights issue, SKC’s debt ratio is projected to drop significantly from approximately 230% at the end of 2025 to the low 140% range.With a more robust financial foundation, coupled with a recovery in its core copper foil business and strong performance in the semiconductor materials sector, SKC's fundamentals are expected to be further strengthened.In particular, ISC, which achieved record-high earnings last year driven by expanded sales of products for AI data centers, is expected to continue its high growth this year on the back of the booming semiconductor demand. In addition, SK nexilis is attempting a rebound through cost structure improvements centered on its Malaysian operations and the expansion of Energy Storage System (ESS) demand in North America.An SKC official stated, "This rights issue is designed to support the definitive growth of future businesses, including semiconductor materials, and to build a solid foundation for the company. By utilizing the secured resources, we will accelerate the growth of Absolics and make our utmost efforts to enhance shareholder and corporate value." [End]
2026-02-26
SKC, 2025 Financial Results Announcement… “Strengthening Business and Financial Stamina for Mid-to-Long Term Growth”
● Annual financial results announced on the 5th… External growth trend as revenue from core businesses rises● Secondary battery material revenue rises toward North America… Semiconductor material business achieves record-high annual performance● New CEO with semiconductor expertise recruited for Absolics… Aiming for phased progress by consolidating professional capabilitiesSKC announced on the 5th that it recorded consolidated annual revenue of 1.84 trillion won and an operating loss of 305 billion won for 2025. Despite the changing market environment, revenue from core businesses has risen for two consecutive years, continuing the trend of external growth.Looking at each business segment, the secondary battery material business established itself as a new growth engine, with sales of copper foil for North American ESS (Energy Storage System) surging by 133% compared to the previous year. In addition, sales of copper foil for electric vehicles also increased by 61% annually due to expanded demand following the expansion of major customers' US plants.The semiconductor material business achieved record-high annual performance thanks to the demand for high-value-added products for AI data centers. In particular, the operating profit in the fourth quarter rose by 25.9% compared to the previous quarter, continuing the high-growth trend. The glass substrate business being conducted at the Georgia plant in the US achieved results in securing positive feedback from customers as a result of prototype simulation evaluations.However, in the fourth quarter, one-time expenses of 316.6 billion won, such as impairment of tangible assets for the purpose of process efficiency in the secondary battery and chemical businesses, were reflected, leading to an expanded pre-tax loss. However, SKC believes it will be able to alleviate the burden of fixed costs in the future through preemptive asset restructuring.Efforts to strengthen financial soundness along with asset structure improvement are also prominent. SKC has focused on liquidity management by securing a total of 893.3 billion won in cash annually through the issuance of perpetual exchangeable bonds (EB) and asset securitization of non-core businesses.SKC plans to focus on profit recovery and enhancing financial stability through profitability-centered business operations this year. It plans to strengthen the management system centered on financial stamina and liquidity management until a complete profit turnaround and the full settlement of the glass substrate business.The secondary battery material business will focus on operational efficiency based on the full-scale operation of the Malaysia plant and plans to raise annual sales by approximately 50% compared to the previous year in response to the expansion of global core customers' North American production bases.The semiconductor material business will continue high growth of more than 20% compared to the previous year due to the continuous expansion of demand for AI data centers, and at the same time, it plans to promote the expansion of its product portfolio through joint development with customers and the expansion of production capacity in Vietnam.The glass substrate business puts weight on enhancing execution. At the end of last year, SKC appointed CEO Kang Ji-ho, an expert from Intel and SK Hynix, and is accelerating the execution speed as an overwhelming front-runner by consolidating professional engineering capabilities. In particular, this year, it plans to make step-by-step progress through reliability tests with customers. SKC believes that glass substrates will become a 'game changer' in the semiconductor ecosystem and judges that it will be able to maintain a clear differentiation and technical gap with latecomers by aiming for high-value-added high-end product development.An SKC official said, "Along with short-term performance management, we will closely examine the overall business structure and cost/expense structure from a more fundamental perspective," and "We will do our best to prepare a sustainable growth foundation so that we can continue our mid-to-long-term growth story."
2026-02-05
SKC Earns ‘AA’ Rating in MSCI ESG Ratings
lUpgraded
from ‘A’ in 2023 to ‘AA’ in 2025, ranking among industry leadersl Recognition
of company-wide ESG efforts, further strengthening trust in its sustainable
management foundation
SKC has earned an overall ‘AA’ rating in the latest MSCI ESG Ratings, published MSCI (Morgan Stanley Capital International), a leading global ESG ratings agency. MSCI’s ESG ratings are widely regarded as a benchmark for evaluating the ESG performance of major listed companies worldwide.This marks an upgrade from the ‘A’ rating SKC earned in 2023, reflecting its strengthened ESG management performance over the past two years. In particular, securing the ‘AA’ rating—typically awarded to top-tier companies within the same industry—demonstrates that SKC has established a competitive and well-rounded ESG management framework.As SKC rapidly transforms its business portfolio with a focus on EV batteries, semiconductors, and eco-friendly materials, it has continued to implement ESG management across the organization. Even amid this transition, SKC has steadily advanced its portfolio while simultaneously delivering tangible ESG outcomes—an achievement that has been widely recognized as a key driver of the rating upgrade.In the Environmental (E) category, SKC received favorable evaluations for its water withdrawal and waste management capabilities. The company has implemented water-saving systems across all sites and continued to operate them to improve water-use efficiency. In addition, the recycling rate of waste generated at its business sites improved from approximately 89% in 2022 to 95.8% in 2024.In the Social (S) category, SKC was positively assessed for its chemical management system. The company continues to strengthen its chemical management framework in line with major domestic and international regulatory trends and has expanded its scope across global sites to proactively manage risks arising from differences in regional regulatory environments.In the Governance (G) category, SKC received high marks for its compensation system that links management performance with responsible decision-making. Through a short-term performance-based compensation scheme tied to financial results, SKC ensures that executive decisions translate into corporate value creation and performance, thereby strengthening stakeholder trust. An SKC official said, “Earning the MSCI ‘AA’ rating is the result of the tangible progress we have made across key ESG issues,” adding, “We will continue to pursue sustainable growth by advancing business competitiveness in parallel with ESG management, grounded in transparent disclosure and a company-wide risk management framework.”
2025-12-29
SK Nexilis Becomes the First in the Global Battery Industry to Earn the Copper Mark
l Achieves
RRA 3.0, the latest Copper Mark assessment standard, reinforcing its leadership
in global ESG practices
l Receives “Fully
Meet” ratings across all core ESG criteria, officially validating its
sustainability management system
l Strengthening
supply-chain credibility by meeting growing responsible sourcing requirements
SK Nexilis, SKC’s copper
foil business subsidiary, has become the first in the global battery industry
to earn the Copper Mark, an international ESG certification. Notably, it is
also the first copper foil manufacturer to meet the Copper Mark’s latest standards,
formally validating the strength of its global sustainability management system.
SK Nexilis said it earned the Copper Mark last month, completing all
required procedures—including on-site audits and expert validation—over
approximately two years since launching the certification effort in December
2023.
The Copper Mark is a leading ESG assurance program in the global copper
industry and a recognized ESG benchmark across the global copper value chain. Automakers
and battery manufacturers use it to assess and verify the sustainability
management system of their supply chains.
Across the global battery supply chain, efforts are increasing to assess
ESG risks upfront starting at the raw-material sourcing stage. Accordingly, preference
is growing for partners that have undergone credible third-party ESG assurance for
key materials, including copper.
The Copper
Mark certification obtained by SK Nexilis is based on RRA (Risk Readiness
Assessment) 3.0, the latest due-diligence framework that comprehensively
evaluates a company’s risk management systems and operational maturity across
32 core ESG criteria, including the environment, human rights, occupational
health and safety, business ethics, community engagement, and governance. SK
Nexilis achieved the highest rating of “Fully Meets” across all categories.
With
this certification, SK Nexilis has secured a solid foundation to meet the ESG
verification standards required by global customers and to effectively respond
to the growing demand for responsible sourcing across the industry. As the
first battery materials company to pass an advanced ESG due diligence process, it
is also expected to further strengthen its competitiveness in the global
market.
An
SK Nexilis official said, “This Copper Mark certification demonstrates that our
long-standing efforts to embed ESG across all aspects of our management have aligned
with global standards,” adding, “We will continue to proactively address the
ESG requirements of or global customers and establish ourselves as a company
that leads the sustainable growth of the battery materials industry.”
2025-12-23
SKC Announces 2026 Organizational Restructuring and Annual Executive Appointments
l Streamlined
organizational structure to strengthen execution; new leaders appointed with proven
on-site operational and R&D expertisel SKC: “Restructuring to respond more agilely
to market conditions and reinforce fundamental competitiveness through
organizational transformation”
SKC announced its
2026 annual executive appointments aimed at reinforcing fundamental
competitiveness in its core businesses amid rapidly changing market conditions.
The appointments focus
on a strategic realignment of leadership to streamline the organizational
structure and strengthen execution. SKC also appointed new leaders with
extensive on-site experience and strong R&D capabilities.
As part of the
annual appointments, SKC appointed Park Dong-ju as Chief Financial Officer
(CFO) to accelerate efforts to enhance financial soundness and optimize the
business structure. Park, a finance specialist who led key financial strategies
at SK Inc., will focus on strengthening SKC’s business fundamentals.
The company has
strengthened leadership to drive momentum in the glass substrate business. SKC
appointed Kang Ji-ho as the new CEO of Absolics. Kang brings 15 years of
semiconductor technology and operations experience from Intel and, most
recently, led C&C (Cleaning & CMP) process technology at SK hynix. He
is expected to further enhance the competitiveness of the business.
Leadership integration
has also been reinforced to accelerate performance across core businesses. Kim
Jong-woo, President and CEO of SKC, will concurrently serve as CEO of SK Nexilis,
spearheading competitiveness in the battery materials segment. Park Dong-ju,
the newly appointed CFO of SKC, will also concurrently serve as CFO of SK Nexilis
to improve the efficiency of financial operations.
An SKC official
said, “With this organizational restructuring and executive appointments, we
have established a structure that enables us to respond more agilely to
evolving market conditions.” The official added, “We will continue our efforts
to strengthen our organizational foundation for sustainable growth.” [End]
[SKC Executive Appointments for 2026]
△ CEOs of
Subsidiaries
▲ Kim Jong-woo,
CEO, SK Nexilis (Concurrently President & CEO, SKC)
▲ Kang
Ji-ho, CEO, Absolics
▲ Chang
Ji-hyup, CEO, SK picglobal
△ New Appointment
▲ Park
Dong-ju, Chief Financial Officer (CFO), SKC
2025-12-08
SK Nexilis: Consecutive Key Rulings Strengthen Our Position in Ongoing Legal Disputes
l U.S. court opens trade-secret case; upon a
finding of misappropriation, it may enjoin manufacture, sale, and distribution
l PTAB denies all five of Solus Advanced
Materials’ IPR petitions and the rehearing requests
l Scope of alleged U.S. patent infringement
by Solus expands as the court accepts additional key issues for adjudication
l Korean Intellectual Property Trial and
Appeal Board invalidates four Solus patents; company declines to appeal
SKC’s affiliate in the copper foil business
for EV batteries, SK Nexilis, announced that its trade-secret lawsuit against
Solus Advanced Materials (“Solus”), filed in the U.S. District Court for the
Eastern District of Texas, was formally opened early last month. The company stated
that the court’s decision to proceed indicates that the case warrants full adjudication,
and that SK Nexilis will continue to respond proactively as the litigation
moves forward.
If misappropriation of trade secrets is found,
the court may issue injunctive relief enjoining the manufacture, sale, and
distribution of the products at issue. Where willful and malicious misconduct
is established, the U.S. Defend Trade Secrets Act (DTSA) permits enhanced
damages of up to three, times the compensatory amount.
Alongside the opening of the trade-secret
case, developments in the United States have trended favorably for SK Nexilis
regarding questions about Solus’s technological credibility. All five inter
partes review (IPR) petitions that Solus filed with the U.S. Patent Trial and
Appeal Board (PTAB) seeking to invalidate SK Nexilis’s patents were denied at
the pre-institution stage. Solus’s rehearing requests were also ultimately denied,
concluding the matter in SK Nexilis’s favor.
At the pretrial conference held in October,
additional key issues related to Solus’s alleged patent infringement were
highlighted. The court set all of SK Nexilis’s points for adjudication at
trial, including:
ㆍRebuttal to Solus’s claim of “independent
R&D,” alleging that former employees from SK Nexilis’s predecessor entity
were involved, raising concerns about potential technology misappropriation;
and
ㆍAllegations that Solus submitted
only selectively favorable samples as evidence
The court also ruled that Solus may not
rely at trial on technology-development claims predicated on patents held by
Circuit Foil Luxembourg (CFL), a subsidiary that Solus recently agreed to sell
to a Chinese company. SK Nexilis stated that this ruling meaningfully signals the
court’s willingness to question the reliability of Solus’s technical assertions
and the propriety of its evidentiary submissions.
Regarding the
U.S. court’s recent decision to admit CFL product samples into evidence, SK Nexilis
stated that the materials are not persuasive enough to establish patent invalidity
and are unlikely to affect the substantive outcome. The company had previously moved
to exclude the samples on the grounds that they were improperly submitted.
Developments in Korea have also continued
to favor SK Nexilis. The Korean Intellectual Property Trial and Appeal Board (KIPTAB)
invalidated four of the eight Solus patents that SK Nexilis challenged, and
Solus did not appeal, making the decisions final last month. Industry observers
view this as an indication that Solus may have concluded that maintaining its
defense for these patents would be difficult. Patent-infringement lawsuits in
Korea based on the invalidated patents are also expected to be dismissed.
The remaining four patents are still under
review at KIPTAB, and SK Nexilis believes the likelihood of invalidation is
high given the presence of prior art for all of them. Notably, two of these
patents were confirmed to have been acquired by Solus from a Japanese company
shortly before Solus filed suit.
An SK Nexilis spokesperson commented,
“Although the litigation is still ongoing, the results from various proceedings
in the United States and Korea show that Solus’s arguments are unlikely to gain
traction. We will continue to substantiate the facts and work to ensure that
our rights are properly protected throughout the remaining process.”
2025-12-03
SK picglobal Launches Cooling Fluid for AI Data Centers, First in Korea to Earn OCP Qualification
l Optimized for Direct-to-Chip Liquid Cooling (DLC), delivering
breakthrough performance over conventional air coolingl Earns OCP “Inspired” supplier qualification — first in Korea and second
worldwide — validating competitiveness and accelerating global expansion
l Formulated with SK picglobal’s flagship propylene glycol (PG), meeting
human safety standards and offering biodegradabilitySK picglobal,
an SKC-invested chemical business, has launched HTF (Heat Transfer Fluid) PG25,
an eco-friendly cooling fluid engineered for AI data centers. HTF PG25 is optimized
for Direct-to-Chip Liquid Cooling (DLC), which directly cools high-temperature
components such as GPUs and CPUs inside servers.
DLC,
the target application for HTF PG25, is emerging as a key technology for AI
data centers and can deliver up to 10× higher cooling efficiency than
conventional air cooling. As global IT leaders including NVIDIA adopt DLC as a
next-generation data center standard, the technology is gaining traction as an
essential solution for high-density servers.
Following its launch, HTF PG25 became the first in Korea — and only the
second worldwide among DLC cooling fluids—to earn the Open Compute Project (OCP)
“Inspired” supplier qualification. OCP is a global consortium that promotes
open collaboration across semiconductor silicon, servers, networking, and data-center
infrastructure. An increasing number of data-center operators now require OCP-qualified
solutions from their suppliers.
Environmental
performance is another key strength of HTF PG25. The product uses SK picglobal’s
high-purity propylene glycol (PG), a material widely validated for safe use. It
is formulated with propylene glycol that meets United States Pharmacopeia (USP)
specifications, supporting both human safety and biodegradability.
Building on
the launch, SK picglobal is accelerating its expansion into the AI data-center
cooling market. The company began commercial sales in Korea in October and
plans to broaden collaboration with data-center operators and solution
providers in Korea and overseas, delivering sustainable and cost-efficient
cooling solutions worldwide.
An SK
picglobal spokesperson said, “HTF PG25 will help improve energy efficiency in
data centers and reduce carbon emissions. With commercial sales underway in
Korean since October and our OCP “inspired” supplier qualification, we aim to
deliver trusted cooling solutions to customers in global markets.”[End]
2025-12-02
SKC Announces 2026 Organizational Restructuring and Annual Executive Appointments
l Streamlined
organizational structure to strengthen execution; new leaders appointed with proven
on-site operational and R&D expertisel SKC: “Restructuring to respond more agilely
to market conditions and reinforce fundamental competitiveness through
organizational transformation”
SKC announced its
2026 annual executive appointments aimed at reinforcing fundamental
competitiveness in its core businesses amid rapidly changing market conditions.
The appointments focus
on a strategic realignment of leadership to streamline the organizational
structure and strengthen execution. SKC also appointed new leaders with
extensive on-site experience and strong R&D capabilities.
As part of the
annual appointments, SKC appointed Park Dong-ju as Chief Financial Officer
(CFO) to accelerate efforts to enhance financial soundness and optimize the
business structure. Park, a finance specialist who led key financial strategies
at SK Inc., will focus on strengthening SKC’s business fundamentals.
The company has
strengthened leadership to drive momentum in the glass substrate business. SKC
appointed Kang Ji-ho as the new CEO of Absolics. Kang brings 15 years of
semiconductor technology and operations experience from Intel and, most
recently, led C&C (Cleaning & CMP) process technology at SK hynix. He
is expected to further enhance the competitiveness of the business.
Leadership integration
has also been reinforced to accelerate performance across core businesses. Kim
Jong-woo, President and CEO of SKC, will concurrently serve as CEO of SK Nexilis,
spearheading competitiveness in the battery materials segment. Park Dong-ju,
the newly appointed CFO of SKC, will also concurrently serve as CFO of SK Nexilis
to improve the efficiency of financial operations.
An SKC official
said, “With this organizational restructuring and executive appointments, we
have established a structure that enables us to respond more agilely to
evolving market conditions.” The official added, “We will continue our efforts
to strengthen our organizational foundation for sustainable growth.” [End]
[SKC Executive Appointments for 2026]
△ CEOs of
Subsidiaries
▲ Kim Jong-woo,
CEO, SK Nexilis (Concurrently President & CEO, SKC)
▲ Kang
Ji-ho, CEO, Absolics
▲ Chang
Ji-hyup, CEO, SK picglobal
△ New Appointment
▲ Park
Dong-ju, Chief Financial Officer (CFO), SKC
2025-12-01
SK Nexilis and Jeongeup City Sign MOU to Expand Environmental Education Initiatives
● SK Nexilis signs an environmental education MOU with Jeongeup City and five other organizations● Linked with My Green School, the program offers hands-on environmental learning for elementary students at Naejangsan National Park● Public-private-institution collaboration strengthens ESG efforts and aims to scale the Jeongeup model nationwideSK Nexilis, an SKC subsidiary specializing in copper foil for EV batteries, announced on the 19th that it has signed a memorandum of understanding with Jeongeup City to promote environmental education.The signing ceremony, held at the Jeongeup Indoor Gymnasium, was attended by SK Nexilis CEO Ryu Kwang-min, Jeongeup Mayor Lee Hak-soo, Jeongeup City Office of Education Superintendent Choi Yong-hoon, and Han Kyung-dong, Director of the Naejangsan National Park Office under Korea National Park Service, along with other key officials.The MOU outlines cooperation in key areas including the planning and operation of environmental education programs, sharing educational materials and experts, and establishing an educational network. The participating institutions will hold regular meetings to share updates, explore ways to enhance the initiative, and develop a Jeongeup-style environmental education model.The program will incorporate My Green School, SKC’s flagship social contribution initiative. My Green School offers education on proper waste sorting for elementary school students located near SKC operations. In May, the program offered an outdoor experiential class at Naejangsan National Park for students from Jeongeup Elementary School, combining a forest exploration activity with hands-on practice in sorting plastic waste.An SK Nexilis spokesperson said, “As a global battery materials company rooted in Jeongeup, we are committed to growing together with the local community and helping younger generations build stronger environmental awareness.” The spokesperson added, “Through this agreement, we will continue to strengthen local ESG efforts and help build a sustainable model for environmental education.”SKC is also expanding its social contribution initiatives this year. The company launched My Green Nature to support biodiversity conservation, carrying out ecological restoration activities near its sites in Seoul, Seongnam, Jeongeup, and Ulsan. It also introduced My Green Life, an environmental education program for employees and their families.
2025-11-24
SKC Announces Q3 Earnings: “Sustained Recovery, Visible Progress in New Businesses”
●EV battery materials: North America sales expand; Malaysia plant sales increase, boosting profitability●Test socket/equipment merger synergies materialize; glass substrate samples enter customer qualification process●Bolsters financial health via increased cash inflows; aims for an efficient capital structure centered on core businessesSKC announced on November 5 that it recorded consolidated revenue of KRW 506 billion and an operating loss of KRW 52.8 billion for the third quarter of 2025. Compared to the previous quarter, sales rose by 9 percent, while the operating loss improved by KRW 17.5 billion. The Company surpassed the 500-billion-KRW quarterly sales mark for the first time in two years, continuing a clear trend of sales growth and improved profitability.By business segment, the EV battery materials division posted sales of KRW 166.7 billion and an operating loss of KRW 35.0 billion. Sales to North America expanded significantly, resulting in a 31 percent quarter-over-quarter increase in revenue. In particular, sales of copper foil for LFP-based energy storage systems (ESS) applications grew sharply, driving overall sales growth. The Malaysian plant also steadily increased sales volume, contributing to improved profitability.The semiconductor materials business recorded KRW 64.5 billion in sales and operating profit of KRW 17.4 billion. Synergies from the merger of the test socket and equipment businesses began to materialize in earnest, driving the division to its highest-ever quarterly revenue. In particular, the test socket business achieved a quarterly operating margin of 33 percent, supported by strong sales of high value-added products for AI-driven non-memory applications.SKC's glass substrate business, which the Company aims to commercialize as a world first, has commenced the customer qualification process following the production of its first mass-production prototype samples at the Georgia plant. The prototypes achieved positive results in simulation tests, putting commercialization on track for next year.The chemical business posted sales of KRW 273.5 billion and an operating loss of KRW 7.4 billion. Backed by stable demand, the division maintained steady sales, while the operating loss narrowed significantly from the previous quarter due to stabilization in raw material costs. In the fourth quarter, demand for PG is expected to rise due to seasonal factors, and the Company plans to continue its cost-optimization efforts.Financial performance also showed notable progress. The Company significantly increased cash inflows through the issuance of perpetual bonds exchangeable into shares (EBs) and the sale of non-core semiconductor businesses, thereby accelerating efforts to strengthen its financial health. SKC plans to complete its rebalancing initiatives by year-end and establish an efficient capital structure centered on its core businesses.An SKC official said, “We are focusing on strengthening the competitiveness of each business and establishing a profitability-centered growth model”, adding, “Alongside continued efforts to generate results from new businesses such as glass substrates, we will also focus our efforts on strengthening medium- to long-term financial stability.” [End]
2025-11-05