Seoul: SKC Co., a South Korean chemical materials producer, on Thursday reported its 2025 net loss of 719.4 billion won (US$491.5 million), remaining in the red compared with the previous year. The company revealed in a regulatory filing that it continued to post an operating loss of 305 billion won for the year, compared with a loss of 275.8 billion won a year earlier. Sales, however, rose 6.9 percent to 1.84 trillion won.
According to Yonhap News Agency, the financial results underscore the ongoing challenges faced by SKC in the competitive chemical materials industry. Despite the increase in sales, the company's operating losses highlight the difficulties in managing costs and achieving profitability in 2025.