ECOPRO MAT

Ecopro Materials Co., Ltd. produces precursor materials for nickel-based anode materials used in secondary batteries in South Korea. Its products serve applications including power tools, electric vehicles, e-bikes, V/C, drones, and electric energy storage systems. The company also develops technology to eliminate and prevent air pollutants, and operates in lithium-ion, filter frames, industrial gas production, and battery recycling businesses. Founded in 2017, it is headquartered in Pohang, South Korea.

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Ecopro Mat second-quarter net loss narrows to KRW 12.90 billion

Ecopro Materials Co., Ltd., a South Korean producer of precursor materials for nickel-based anode materials, reported that its net loss narrowed in the second quarter to KRW 12.90 billion from KRW 33.50 billion a year earlier. Operating loss also narrowed to KRW 10.58 billion from KRW 28.79 billion, while sales rose to KRW 178.79 billion from KRW 78.07 billion. The company's shares were trading 5.04% lower at KRW 31,150 on the Korean Stock Exchange.

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