KROCI Holdings reported a return to profitability in Q2, achieving 1.23 trillion won in revenue, 108 billion won in operating profit, and 60.6 billion won in net profit. This marks the third consecutive quarter of profitability, primarily driven by strong performance from its US solar business, particularly the monetization of the La Salle solar project. The company is restructuring its supply chain to navigate US policy uncertainties by establishing a non-prohibited foreign entity (non-PFE) framework connecting its Malaysian operations with Vietnamese manufacturer NeoSilicon Technologies. Meanwhile, its Malaysia-based subsidiary OCI TerraSus reduced operating losses as production stabilized after maintenance. Looking forward, OCI plans to double its polysilicon production capacity to 70,000 metric tons by 2029 to meet increasing demand from AI data centers in the US.
Bias read (Center): While the article discusses business strategies involving US policy and international supply chains, which could be politically sensitive, the framing remains neutral. It presents factual developments without overtly favoring any political ideology. The focus is on corporate strategy and market data
