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south-korea-business
2 stories related to this topic, newest first.
Substrate placeholder — needs reviewfinance41 days ago
Lotte Chemical Swings to Modest Q1 Profit on Temporary Feedstock Cost Lag
Lotte Chemical Corp. swung to a net profit of 33.5 billion won in the first quarter, reversing a year-earlier loss, as lower feedstock costs from the lagging effect of crude oil prices boosted margins. Revenue rose 1.8 percent to 4.99 trillion won. The South Korean company has be…
dutchnews.nlworld45 days ago
KT&G Q1 Net Profit Rises 46.6% to 378.2 Billion Won on Overseas Cigarette Sales
South Korea's leading tobacco company posted strong gains in overseas and domestic sales for the January-March 2026 period. KT&G canceled 9.5 percent of its shares last month as part of governance reforms and outlined plans for global expansion and enhanced shareholder returns.