Member access

4-Traders Homepage  >  Shares  >  KOREA EXCHANGE  >  SK Innovation Co Ltd    096770   KR7096770003

SK INNOVATION CO LTD (096770)

0
SummaryNewsCalendarCompanyFinancialsConsensusRevisions 

SK Innovation : 1Q Net Falls 28% On Year To KRW658.4 Billion

04/26/2012 | 09:35pm US/Eastern
Recommend:
0

SK Innovation Co. (096770.SE) said Friday its consolidated first-quarter net profit fell 28% from a year earlier on inventory asset valuation losses, while higher oil prices led to increased costs at its chemicals business.

SK Innovation, which owns South Korea's No. 1 oil refiner by capacity SK Energy, said in a statement net profit for the January-March period fell to KRW658.4 billion from KRW909 billion.

Operating profit declined 22% to KRW925.7 billion from KRW1.192 trillion. Sales rose 10% to KRW18.85 trillion from KRW17.07 trillion.

-By Min-Jeong Lee, Dow Jones Newswires; 822-3700-1908; min-jeong.lee@dowjones.com

Recommend :
0
React to this article
Latest news on SK INNOVATION CO LTD
03/20 SK INNOVATION : Fined $790,000 for Selling Uncertified Diesel Particulate Filter..
03/05 SK INNOVATION CO LTD : Patent Issued for Air-Supply System for Breathing
02/25 SK INNOVATION CO LTD : Advanced battery pack for Kia Soul EV
02/24 SK INNOVATION CO LTD : Update on Foum Assaka Well, Offshore Morocco
2013 Maxwell Technologies, SK Innovation Partner to Develop Integrated Lithium Ion..
2013 SK INNOVATION CO LTD : Korea Republic of : FASTNET saves $30M through deal with ..
2013DJSK INNOVATION CO LTD : Fastnet Oil & Gas Signs Farmout Agreement in Foum Assaka ..
2013 Maxwell Technologies, SK Innovation Form Strategic Alliance for Lithium Ion B..
2013 SK INNOVATION CO LTD : Patent Issued for Polypropylene Carbonate Paint Compositi..
2013 SK INNOVATION CO LTD : Patent Issued for Polypropylene Carbonate Paint Compositi..
Advertisement
Dynamic quotes  
ON
| OFF