OCI Holdings returns to profit on US solar gains

OCI Holdings returned to solid profitability in the second quarter, driven by strong earnings from its US solar business, as the company accelerated efforts to strengthen its US-focused supply chain and expand capacity to meet growing artificial intelligence-driven power demand.

The company said Thursday it posted 1.23 trillion won ($838 million) in revenue, 108 billion won in operating profit and 60.6 billion won in net profit for the April-June period, extending profitability for a third conse ...