LOTTE Chemical Full-Year Report 2023

  • Sales 4,908 FY 2023
  • Operating Income (+ %) △301 (△6.1%) FY 2023
  • EBITDA (%) 52 (1.1%) FY 2023
  • Pre-tax Income (+ %) △506 (△10.3%) FY 2023
  • Net Income (+ %) △416 (△8.5%) FY 2023

 

Profitability decreased as a result of lowered sales volume and product price due to entry into low seasonality

Spread squeeze due to weakened demand caused by
customer’s year-end inventory management and increased
naphtha price

Profitability decreased due to large inventory evaluation
loss compared to previous quarter

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