IHS Chemical Week

People & Business :: Earnings/Finance

Songwon reports huge rise in quarterly profits

4:25 AM MDT | May 23, 2013 | Deepti Ramesh

Songwon Industrial (Ulsan, South Korea) reports a more than 7-fold increase in net profits for the first quarter compared with the corresponding period of the previous year, to 7.72 billion South Korean won ($6.85 million). First-quarter sales decreased 0.2%, to won174.3 billion. “Sales of polymer stabilizers remain the backbone of the results for this quarter and most regions have shown a slight increase in volumes,” says Hans-Peter Wüest, CFO of Songwon. “The sales result reflects the pressure that has been put on price[s] and a...

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