WCP announced on May 11 that it posted consolidated revenue of KRW 42.8 billion, an operating loss of KRW 20.5 billion and a net loss of KRW 48.4 billion for the first quarter of this year.
Revenue increased 26.5% year on year, while the operating loss narrowed by 32.6%. However, the net loss widened by 45.4%.
Compared with the previous quarter, revenue rose 57.9%, while the operating loss narrowed by 49% and the net loss decreased by 11.4%.
![Cobalt Product Prices Largely Stable, Cobalt Intermediate Products Firm Amid Shipping Disruptions — What Are Expectations for Future Cobalt Prices? [Weekly Review]](https://imgqn.smm.cn/usercenter/MaxcL20251217171730.jpg)


