SK Chemicals registers net loss in Q2

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SEOUL, Aug. 4 (Yonhap) — SK Chemicals Co. announced on Friday that it had logged a net loss of 15.5 billion won (US$11.8 million) in the second quarter, a stark contrast to its profit of 60.3 billion won in the same period last year.

The company reported an operating loss of 13.8 billion won for the April-June period, versus the 87.2 billion won profit it had earned a year ago. Revenue decreased by 25.9 percent, amounting to 371.3 billion won.
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