Kraton (Part of DL Holdings) Q3 Report 2022

Revenue 742.2 (QoQ +0%) Operating Profit 74.2 (QoQ +2,550%)
Preemptive pricing reflecting feedstock and energy costs increase maintained robust profitability

• KRW 122.3bil of OP excluding M&A effects

1) Polymer Division

• Despite margin expansion by price rise, profit fell QoQ due to sales volume decline by T/A, weakening USBC demand from Europe and continued competition in Asia

2) Chemical Division

• Preemptive pricing with tight supply-demand balance led further profitability enhancement