IHS Chemical Week

People & Business :: Earnings/Finance

LG Chem reports rise in profits

2:11 AM MDT | July 22, 2013 | Deepti Ramesh

LG Chem posted a 7.2% increase in net profits for the second quarter compared with the year-ago period, to 401 billion South Korean won ($358 million). Second-quarter sales decreased 1.1%, however, to won5.92 trillion. Operating profits increased 0.5% in the second quarter compared with the corresponding period of last year, to won501.5 billion. The profitability of LG Chem’s petrochemicals business improved because of the stable price for feedstock and a strategic business portfolio, which focused on premium high-end products. Plus, attempts to...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa