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LG Chem reports earnings record in Q2

July 22/2010

(Joong Ang Daily) -- LG Chem recorded its highest ever quarterly earnings in the second quarter of this year in sales, operating profit and net profit, the company reported yesterday.


Sales reached 5 trillion won ($4.2 billion), up 31.3 percent on-year, while operating and net profits hit 827.9 billion won and 645.7 billion won (increasing 31.6 percent and 36 percent), respectively.


Petrochemicals showed improvements, with great contributions from higher plant and equipment sales. Also, increasing demand for polyvinyl chloride in new markets such as India and the Middle East helped in petrochemical profits.

LG Chem reports earnings record in Q2









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