in this issue
Regions :: North Asia :: Korea
LG Chem reports rise in profits
7:28 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?
Not an IHS Chemical Week member yet?
Here's why you should be: