SK Chemicals is surging 11% on the 14th after releasing strong second-quarter results.
As of 9:30 a.m. that day, SK Chemicals is trading at 48,700 won on the Korea Exchange, up 4,850 won (11.06%) from the previous session.
SK Chemicals said on the 13th that it posted second-quarter revenue of 745.1 billion won and operating profit of 32.3 billion won. Revenue rose 24.8% from a year earlier, and operating profit swung to a profit from a loss of 18.9 billion won.
SK Chemicals said increased demand in the Green Chemical business drove gains in revenue and operating profit. It added that profitability improved on broad-based growth across all business areas, including strong sales of key products such as the pharma business.
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