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SK Global Chemical reports rise in quarterly operating profits

9:16 PM MDT | July 25, 2013 | Deepti Ramesh

SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, recorded a 37.1% rise in operating profits for the second quarter of 2013 compared with the year-ago quarter, to 223.6 billion South Korean won ($200 million). Second-quarter sales decreased 1.9%, however, to won3.13 trillion. In the first quarter of 2013, SK Global Chemical recorded sales of won3.28 trillion and operating profits of won243.8 billion. Operating profits decreased in the second quarter of 2013 compared with the first quarter of 2013 despite improvements in...

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