Lotte Chemical Corp. reported its fourth-quarter net profit of 93.2 billion won (US $77.8 million), up 7.1 percent from a year earlier.

 

The company posted 29.7 billion won in operating profit for the quarter, compared with 216.2 billion won a year ago. Sales rose 50.4 percent to 4.84 trillion won.

 

Lotte Chemical developed into a global general chemical company through international scales and stable profit structures, is Korea’s representative chemical company and has been growing into a global top 7 chemical company by procuring product competitiveness based on its superior R&D capacities and expertise. 

 

Lotte Chemical is poised to take another leap to protect nature and make human life more abundant through the continuous development of products using eco-friendly technologies.