LG Chem Reports Operating Profit of 5.0255 Trillion KRW Last Year, Up 178.4% Year-on-Year
[Asia Economy Reporter Lee Jung-yoon] LG Chem announced on the 8th that its operating profit last year increased by 178.4% compared to the previous year, totaling 5,025,465,430,000 KRW.
Last year's net profit rose 479.4% year-on-year to 3,953,935,800,000 KRW, and sales increased by 41.9% to 42,654,722,100,000 KRW.
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The company explained that this was due to "the expansion of spreads in major petrochemical products and improved profitability in the battery business."
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