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 LG Chemical's net profit up 60.1 pct in Q1
Manager 님의 글입니다. 2007-04-18 00:02:52, Hit : 6,499, Vote : 705

SEOUL, April 17 (Yonhap)

-- LG Chem Ltd., South Korea's largest
producer of chemicals, said Tuesday its first-quarter net income soared 60.1 percent from a year ago on strong petrochemical business.

Net profit reached 109.2 billion won (US$117.3 million) in the January-March period, compared with 68.2 billion won a year ago, the company said in a regulatory report.
Revenue grew 11.8 percent on-year to 2.38 trillion won during the period, and operating profit jumped 93.4 percent to 126.9 billion won.

Compared with the previous quarter, however, sales fell 1.6 percent, it said.
Shares of LG Chem dropped 0.19 percent to close at 52,900 won on the Seoul bourse.


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