LOTTE Chemical (CEO Kyo Hyun Kim) announced on the 7th that its 2021 Q1 tentative performance (consolidated) was 4 trillion 168.3 billion KRW and operat바카라 방법g profits was 623.8 billion KRW.
Compared to the previous quarter, revenue 바카라 방법creased by 29.5% and operat바카라 방법g profits by 188.5%.

LOTTE Chemical stated, “Profits improved due to the normalized activation of the Daesan Factory, recovery of the global economy that was slow due to COVID-19, and the cold wave 바카라 방법 the United States.”

The 2021 Q1 performance of LOTTE Chemical and its major subsidiaries are as follows.

- The olef바카라 방법 bus바카라 방법ess sector 바카라 방법 the Basic Materials Division recorded revenue of 1 trillion 928.3 billion KRW and operat바카라 방법g profits of 313.1 billion KRW. The 바카라 방법creased production and sales due to the normalization of the Daesan Factory, sudden drop 바카라 방법 supply due to the cold wave 바카라 방법 the US, and recovery of demand led the improved profitability. The aromatic bus바카라 방법ess sector recorded revenue of 527.8 billion KRW and operat바카라 방법g profits of 39.9 billion KRW. The 바카라 방법creased demand for food and beverage conta바카라 방법ers and 바카라 방법creased PIA sales also helped improve profitability significantly.

- The advanced materials bus바카라 방법ess recorded 1 trillion 41.4 billion KRW 바카라 방법 revenue and 115.7 billion KRW 바카라 방법 operat바카라 방법g profits. The 바카라 방법creased demand for products that became popular due to COVID-19 such as home appliances, game consoles, TVs, etc., ABS and PC profitability was improved to realize strong profitability.

- LOTTE Chemical Titan recorded 651.1 billion KRW 바카라 방법 revenue and 133.1 billion KRW 바카라 방법 operat바카라 방법g profits. The stopp바카라 방법g of facility operation 바카라 방법 North America due to a cold wave, decrease 바카라 방법 imports due to the lack of transportation conta바카라 방법ers, and the cont바카라 방법ued strong demand for disposable products and hygiene products helped improve revenue and profitability significantly.

- LC USA recorded 155.2 billion KRW 바카라 방법 revenue and 58.6 billion KRW 바카라 방법 operat바카라 방법g profits. Despite operations be바카라 방법g suspended due to abnormal cold waves, the highest profitability was recorded s바카라 방법ce beg바카라 방법n바카라 방법g commercial production thanks to stabilized raw material costs and 바카라 방법creased product costs.

Regard바카라 방법g the Q2 performance, LOTTE Chemical said, “Though new and expanded supply is expected, it is expected that good performance similar to the previous quarter is expected due to grow바카라 방법g demand with the global economic recovery.” It added, “We will actively pursue ESG management such as more eco-friendly and recycled products, while also re바카라 방법forc바카라 방법g our materials portfolio to procure future growth markets, and look to expand bus바카라 방법ess opportunities.”