Korea Petro Chemical Ind Reports Q3 Net Income of 17.3 Billion Won, Reversing Previous Year’s Loss

Seoul, South Korea-Korea Petro Chemical Ind Co. announced its third-quarter financial results, revealing a swing to profitability with a net income of 17.3 billion won (US$12.8 million).

According to a new release by Yonhap News Agency, the operating profit for the third quarter was 18.8 billion won, in contrast to a loss of 60.1 billion won a year ago. The company's sales increased by 41 percent, reaching 666.2 billion won.

scroll to top