[Edaily Reporter Shin Ha-yeon ] Shares of Sebitchem Co., LTD(107600)are trading higher in early trading following news that the company posted its highest-ever first-half revenue and returned to an operating profit in the first half for the first time in three years.

According to MP Doctor on the 14th, as of 9:05 a.m., Sebitchem Co., LTD is trading at 16,230 won, up 9.96% from the previous trading day. During the session, the stock rose as high as 16,370 won, a 10.91% increase from the previous close.

Sebitchem Co., LTD announced today that its revenue for the first half of this year reached 30.9 billion won, a 49% increase compared to the same period last year. This marks the highest first-half revenue in the company’s history. During the same period, operating profit stood at 390 million won, returning to profitability for the first time in three years since the first half of 2023.

The improvement in second-quarter performance was even more pronounced. Revenue reached 17.4 billion won, a 61.1% increase year-over-year, and operating profit stood at 870 million won, marking a return to profitability.

The company explained that the improvement in performance was driven by securing a revenue base for AM-X, its semiconductor recycling business; the growth of LiM-X, its lithium carbonate product platform; and the global expansion of raw material procurement and product sales channels.

In particular, first-half revenue from the BM-X business reached 15.8 billion won, a significant increase from 1.87 billion won in the same period last year. The shift from using scrap from existing cathode material production processes to post-use battery black mass as raw material, which reduced raw material costs, also contributed to the improvement in profitability.

A Sebitchem Co., LTD official stated, “The significance of these results lies not in a one-time achievement for a specific quarter, but in the fact that we have secured a sustainable profit base,” adding, “We are transforming into an innovative company specializing in resource recovery processes that optimize the use of strategic resources, such as phosphate and lithium, for large-scale industries.”