Lotte Fine Chemical Co. on Tuesday reported its second-quarter net income of 43.3 billion won (US$31.3 million), swinging from a loss of 100 million won a year earlier. The company said in a regulatory filing that operating profit for the April-June period fell 75.3 percent on-year to 17.1 billion won. Revenue decreased 2.1 percent to 422.1 billion won. The earnings failed to meet market expectations. The average estimate of net profit by analysts stood at 50 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. (END) Source: Yonhap News Agency
Recent News
Lin Chung-wei Wins Bronze in Men’s 400-Meter Hurdles at Asian Games
September 28, 2026
Taiwan Secures 33 Medals at 2026 Aichi-Nagoya Asian Games
September 28, 2026
Fu Chao-hsuan Wins Historic Gold in High Jump at Asian Games
September 28, 2026
East Asia Super League 2026-27 Season to Open in Cebu
September 28, 2026
Taiwanese Tech Firms Host Major Recruitment Event in Silicon Valley
September 28, 2026
Morocco Resumes Visa Applications for Taiwanese Tourists
September 28, 2026
Taiwan’s VIS and NXP Semiconductors Begin Production at Singapore Chip Plant
September 28, 2026