Lotte Fine Chemical Reports Q3 Net Loss of 12.9 Billion Won

SEOUL — Lotte Fine Chemical Co. disclosed a net loss for the third quarter on Monday, marking a shift from its profitable position a year ago.

According to Yonhap News Agency, Lotte Fine Chemical reported a third-quarter net loss of 12.9 billion won (approximately US$9.5 million). This is in contrast to a profit of 22.5 billion won during the same period last year. The company's operating income for the July-September quarter also fell, dropping 70.8% on-year to 35.1 billion won. Additionally, revenue decreased by 36.2% to 401.2 billion won.

scroll to top