LG Chem, Ltd. (051910.KS) on Thursday reported first-quarter 2026 results with a swing to losses and decline in revenue compared with the prior-year period.
The company posted a net loss from continuing operation before income tax of 566.500 billion won, compared with a profit of 436.700 billion won in the same period last year.
Operating loss was 49.700 billion won, versus a profit of 437.700 billion won a year earlier.
Net loss was 781.900 billion won, compared with a profit of 260.400 billion won in the prior-year period.
Sales declined to 12.2468 trillion won from 12.5789 trillion won a year earlier.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.