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LG Chem announces net profit for Q2

by ChemOrbis Editorial Team - content@chemorbis.com
  • 21/07/2017 (15:34)
According to media reports, South Korea’s LG Chem Ltd. reported a higher net profit. Accordingly, the company’s net profit surged by 57% to 590 billion won ($526 million) in the second quarter of the year compared to last year’s 375 billion won ($335 million). This increase was mainly driven by the increasing demand in line with the season.

The company’s quarterly operating profit also increased significantly by 19% to 727 billion won ($650 million) during the same period.
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