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Lg Chem Improves Its Business Structure by Reducing Sales and Increasing Profits, Increasing Operating Profit by 35% Year-on-Year to Krw 1.2 Trillion.
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[Digital Daily Reporter Bae Tae-yong] Despite declining sales last year, LG Chem significantly increased its operating profit, demonstrating the success of its profitability-focused transformation. Despite the sluggish petrochemical industry and the slowing battery materials market, LG Chem is considered to have successfully defended its profits through cost control and asset efficiency. LG Chem announced on the 29th that it recorded consolidate…
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