▶주메뉴 바로가기

▶본문 바로가기

The Korea Herald
검색폼

THE INVESTOR
March 29, 2024

Industrials

Lotte Chemical’s net profit up 40% in Q3

  • PUBLISHED :October 30, 2017 - 17:00
  • UPDATED :October 30, 2017 - 17:00
  • 폰트작게
  • 폰트크게
  • facebook
  • sms
  • print

[THE INVESTOR] Lotte Chemical said on Oct. 30 that its third-quarter earnings surged 39.8 percent from a year earlier as margin spreads on its key products widened thanks to stable demand.

Net profit reached 631 billion won (US$561 million) in the July-September period compared with a profit of 451 billion won a year earlier, the company said in a regulatory filing.

Operating income also spiked 19 percent on-year to reach 766 billion won in the third quarter and sales soared 16.4 percent to 3.99 trillion won over the cited period.

By Alex Lee and newswires (alexlee@heraldcorp.com)

EDITOR'S PICKS