슬롯 게임 Chemical Announces Preliminary Results for Q1 2025
■ Sales in Q1 2025 recorded 4.9018 trillion KRW, with an operating loss of 126.6 billion KRW… Operating loss decreased by 107.5 billion KRW compared to the previous quarter.
■ Losses in the Basic Materials division narrowed and performance in the Advanced Materials division improved due to spread expansion, improved production efficiency, and favorable foreign exchange rates.
■ 슬롯 게임 Chemical stated, “Despite internal and external uncertainties, we are focusing on enhancing profitability by responding swiftly to changes”… “We will continue efforts to improve financial soundness through the expansion of high value-added portfolio and execution of the asset-light strategy”
슬롯 게임 Chemical announced on the 13th that based on its preliminary results for the first quarter of 2025, it recorded sales of 4.9018 trillion KRW and an operating loss of 126.6 billion KRW, with the operating loss narrowing by 107.5 billion KRW compared to the previous quarter.
The Q1 2025 performance of 슬롯 게임 Chemical and its major subsidiaries is as follows:
The Basic Chemicals division (Lotte Chemical Basic Materials Business, LC Titan, LC USA, and Lotte GS Chemical) posted sales of 3.3573 trillion KRW and an operating loss of 107.7 billion KRW. Although operations were partially disrupted due to a power outage at the Daesan plant, losses were reduced thanks to improved spreads, cost reductions, and favorable foreign exchange rates. In the second quarter, raw material prices are expected to stabilize downward, and scheduled maintenance will be carried out at the Daesan plant and overseas subsidiaries.
The Advanced Materials division recorded sales of 1.1082 trillion KRW and an operating profit of 72.9 billion KRW. With raw material prices stabilizing and demands improving, spreads widened, and reduced transportation costs and favorable exchange rates contributed to improved performance. The Company plans to continue investing without disruption in securing business competitiveness, including the Yulchon compounding plant.
Lotte Fine Chemical posted sales of 445.6 billion KRW and an operating profit of 18.8 billion KRW. Performance improved due to price increases and higher sales volumes of major products, as well as exchange rate effects. In the second quarter, which includes scheduled maintenance, the Company plans to expand inventory sales.
슬롯 게임 Energy Materials recorded sales of 158 billion KRW and an operating loss of 46 billion KRW. As the downturn in the electric vehicle market persists, sales volumes declined due to inventory adjustments by clients, and fixed cost burdens increased with adjusted operating rates. Although a recovery in EV demands is expected to be delayed, profitability is anticipated to improve as production rates rebound following the completion of inventory adjustments that began late last year.
슬롯 게임 Chemical stated, “Despite ongoing uncertainties such as the ongoing war and the U.S. tariff issues, we are focusing on enhancing profitability by responding swiftly to changes,” adding, “We will continue our efforts to improve financial soundness through the expansion of our high value-added portfolio and the execution of our asset-light strategy.”