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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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.