Kraton Q1 Report 2024
- DL Holdings posted KRW 1,404 bn in sales & 172 bn in operating profit, thanks to improved profitability of DL Chemical and peak seasonality of DL Energy.
- Net profit was KRW 32 bn due to interest costs and depreciation of KRW.
Highlights
- Sales: 1,404.1
- OP % DL Chemical (Consolidated)
- 172.3
- (12.3%)
- 117.28
- EBITDA 283.3.
- Subsidiaries
- DL Chemical:
- PE, sales growth of high value-added products continues
- PB, successful ramp-up of expansion line amid solid market
- Kraton
- Reverted to profit due to raw material price stabilization and volume growth
- Polymer, negative lagging and seasonal off-season(Q4) ended
- Chemical, volume growth across products amid stabilized CTO price
- Cariflex
- Temporary earnings drop due to customer inventory adjustments
