S Koreas LG Chem Q4 net profit surges 89.2% despite lower sales

摘要

SINGAPORE (ICIS)--LG Chems fourth-quarter net profit surged 89.2% year on year to won (W) 207.0bn ($173m) despite a 6.2% decline in sales, the company said on Wednesday. Sales for the three months to December 2015 stood at W5.04 trillion, with operating profit rising 52.0% year on year to W352.0bn, the company said in a statement.