LG Chem Q1 Report 2023

 

2023 4Q VS 1Q
Sales 13,852 14,486
Operating Profit (%) 191 (1.4%) 791 (5.5%)
EBITDA (%) 1,120 (8.1% 1,713 (11.8%)
Pre-tax Income (%) -79 (0.6%) 916 (6.30%)
Net Income (%) -6 (0.00%) 669 (4.6%)
  • Profitability improved from higher utilization post TA in Q4
  • Weak performance of core products
    continued due to the slowdown in the global demand for home electronics and
    construction & depreciation of Korean Won

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