What were Lotte Chemical's Q2 revenue and net profit, and how do they compare to the prior-year quarter?

Lotte Chemical reported Q2 revenue of 4.9 trillion South Korean won ($3.4 billion), a 35.5% year-over-year increase, and swung to a net profit of 194 billion won — marking a turnaround from an undisclosed net loss in the prior-year quarter.

Why did Lotte Chemical's base chemicals segment return to profitability in Q2, and what challenges does it face heading into Q3?

The base chemicals segment returned to profitability with an operating profit of 2 billion won — reversing an operating loss of 216 billion won a year earlier — driven by improved demand and contributions from subsidiaries including Lotte Chemical Titan Holding Bhd. and Lotte Chemical USA Corp.; however, profitability declined quarter over quarter due to scheduled maintenance and negative feedstock lagging effects, and the company expects ongoing external uncertainties to delay global demand recovery and increase feedstock price volatility in Q3.

Lotte Chemical swings to profit as revenue surges

Aug 7, 2026

Lotte Chemical swung to a 194 billion won net profit in Q2 with revenue surging 35.5% to 4.9 trillion won. However, the company forecasts weaker Q3 profitability due to external uncertainties and feedstock price volatility.

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