LOTTE Chemical Half-Year Report 2023

 

• Sales  5,002 Q2 2023
• OP (+ %)  △77 (△1.5%) Q2 2023
• EBITDA %  202 (4.0%) Q2 2023
• Pre-tax income (+ %) △205 (△4.1%) Q2 2023
• Net income (+ %) △140 (△2.8%) Q2 2023

Reduced sales amid sluggish demand resulting from global economic recession

Decreased profitability due to reverse-lagging effect stems from recent dip in crude oil and raw material prices

Profitability improved with export expansion to high-profitable regions, spreads enlargement, and stabilization of freight cos