Lotte Chemical records lower profit as olefins, aromatics earnings, sales decline

Lotte Chemical records lower profit as olefins, aromatics earnings, sales decline
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

09.11.2020

MOSCOW (MRC) -- Lotte Chemical reports third-quarter net profit of 148 billion South Korean won (USD131.7 million), down 30.8% year on year (YOY) from W214 billion, according to Chemweek. The company recorded operating profit of W194 billion, up 20.4% YOY. Sales were W3 trillion, a drop of 21% YOY.Lotte Chemical says its olefin segment's operating profit of W79 billion was down 62% YOY. R

Full article at mrcplast.com

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