LG Chem Half-Year Report 2023

 

2023 1Q VS 2Q
Sales 14,486 14,542
Operating Profit (%) 791 (5.5%) 616 (4.2%)
EBITDA (%) 1,713 (11.8%) 1593 (11.00%)
Pre-tax Income (%) 916 (6.30%) 780 (5.40%)
Net Income (%) 669 (4.6%) 671 (4.6%)

 

  • Shipment growth especially in North America, despite the selling price impact from falling metal prices.
  • OP declined QoQ due to an increase in costs resulting from the inventory lagging effect and the inclusion of one-off provisions related to GM recall.

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