Samsung SDS Beats Q2 Estimates on Cloud, Logistics Surge; LG Energy Solution Posts Turnaround

According to Financial News, on July 7, Samsung SDS is expected to exceed second-quarter profit estimates by 9% amid growth in cloud and logistics operations. Hanwha Investment Securities estimates Q2 revenue at 3.69 trillion won and operating profit at 246.7 billion won, with cloud revenue growth of 15.5%. LG Energy Solution posted a turnaround to profitability in Q2 with 773.6 billion won revenue and 246 billion won operating profit, according to Shinhan Investment Securities, with energy storage systems and EV battery improvements expected to accelerate in the second half. Kakao's operating profit is projected to grow 17.4% year-over-year to 218.4 billion won, driven by advertising and commerce growth, though DB Securities notes the company needs to prove an artificial intelligence revenue model for near-term stock recovery.
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