Sales of LG Chemical increased 24.9% to 14 trillion won in the first quarter.

[LG Chemical first quarter sales of 14 trillion won up 24.9%] LG Chemical released the first quarter of 2023 results show that sales of 14.4863 trillion won, operating profit of 791 billion won, compared with the same period last year, sales increased by 24.9%, operating profit decreased by 22.8%. Excluding LG New Energy, LG Chemical had first-quarter sales of 7.5286 trillion won and operating profit of 141 billion won. LG Chemical said that in the global economic downturn, LG Chemical sales and earnings improved in the first quarter. Although there are still uncertain macro factors in the second quarter, the demand for petrochemical will gradually recover, and cutting-edge materials and new energy will also maintain a strong growth momentum.