LOTTE Chemical Q1 Report 2023
- Sales 4,932
- OP (+ %) △26 (△0.5%)
- EBITDA (+ %) 232 (4.7%)
- Pre-tax Income (+ %) 278 (5.6%)
- Net Income (+ %) 227 (4.6%)
Sales decreased due to falling product price driven by weakened global economy
Profitability improved with stabilization of raw material price and freight cost
Loss continued due to global recession fears and increased capacity additions within the region
Profitability slightly improved QoQ due to lower feedstock costs