Chemical
Lotte Chemical Q4 2021 net profit up 7.1%
The company posted 29.7 billion won in operating profit for the quarter, compared with 216.2 billion won a year ago
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By ICN Bureau | February 10, 2022
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.
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