in this issue
People & Business :: Earnings/Finance
LG Chem reports fall in profits and sales
9:31 AM MDT | April 19, 2013 | Deepti Ramesh
LG Chem posted a 10.6% decline in net profits for the first quarter of 2013 compared with the year-ago period, to 340.4 billion South Korean won ($305 million). First-quarter sales decreased 0.5%, to won5.72 trillion. Operating profits decreased 8.5% in the first quarter compared with the corresponding period of last year, to won408.9 billion. The overall profitability of LG Chem’s petrochemicals business has improved despite a slump in the market and high feedstock prices, mainly because of increased selling prices and higher sales of major downstream...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee