- Published 2026.10.29 14:51
Q3 revenue rises 18.5% on year to 525.3 billion won
Cumulative operating profit jumps 111.4% on year to 116.5 billion won
Lotte Fine Chemical's operating profit for the third quarter of 2026 plunged 64.5% from the previous quarter to 22 billion won (about $16 million).
Lotte Fine Chemical said in a DART (electronic disclosure system) filing on Oct. 29 that its preliminary consolidated operating profit for the July-September quarter came to 22 billion won (about $16 million), down 64.5% from 61.9 billion won (about $46 million) in the second quarter.
Revenue for the same period fell 10.4% from the previous quarter's 586.3 billion won (about $433 million) to 525.3 billion won (about $388 million), though it rose 18.5% from 443.4 billion won (about $327 million) a year earlier.
Operating profit was down 20.3% from 27.6 billion won (about $20 million) in the year-earlier quarter. Income from continuing operations before income taxes fell 68.4% on quarter to 36.3 billion won (about $27 million), and net profit declined 67.9% to 30.2 billion won (about $22 million).
On a cumulative basis, results improved. Operating profit for the first nine months of 2026 jumped 111.4% from 55.1 billion won (about $41 million) a year earlier to 116.5 billion won (about $86 million). Cumulative revenue rose 23.5% to 1.6222 trillion won (about $1.2 billion), and cumulative net profit increased 113.8% to 169.1 billion won (about $125 million).
The figures are preliminary and have not been audited by an external auditor, and may change during the accounting audit process.
(Dollar figures are approximate, converted automatically at 1,000 won = $0.738, the rate on Nov. 8, 2026.)
※ This article is an AI translation of the Korean original published by Korea Credit News; it was checked by automated quality guards and published by the English edition desk.
