■ SK Innovation Board of Directors approved the agreement on SK On attracting new long-term financial investors on May 24 ■ Secured up to USD 944 million (KRW 1.24 trillion) in total through USD 800 million from MBK Consortium and USD 144 million from Saudi Arabia’s SNB Capital ■ Surpassed the initial target amount (KRW ...

■ Achieved turnaround from the previous quarter due to improved refining margin and para-xylene (PX) spread – Refining business achieved operating profit of KRW 274.8 billion (KRW 936 billion increased QoQ); petrochemical business recorded KRW 108.9 billion for operating profit (KRW 197.3 billion increased QoQ) – Lubricants business recorded operating profit of KRW 259.2 billion, ...

■ SK Innovation recorded all-time high annual sales and operating profit for 2022; Great performance improvement compared to 2021 due to the rise in oil prices and improved refining margin – Refining business created profits by expanding overseas sales of high-margin products through making use of the highly volatile market conditions; Lubricants business accomplished record-high ...

■ QoQ decrease in operating profit due to the drop in oil prices and refining margin, affected by concern about the global economic recession – Operating profit of the refining business had a QoQ decrease by KRW 1.9126 trillion, caused by the drop in oil prices and refining margin, while the petrochemical business recorded increased ...

■ Evenly improved performance in all business areas by inventory-related gains of the refining business due to a sharp rise in refining margin and rise in oil prices, etc. – Through the optimization of the refining business’ facility operation and enhanced profits and losses from trading, accomplished operating profit of KRW 2.2291 trillion. – The ...

■ Evenly improved performance in all business areas backed by inventory-related gains of the refining business due to a sharp rise in refining margin and rise in oil prices, and profit increase in the E&P business – In particular, due to the QoQ increase in the export volume, the refining business achieved operating profit of ...

■ KRW 46.8429 trillion for annual sales and KRW 1.7656 trillion for operating profit in 2021 – Along with the increase of the oil price, significant improvements in the profit margin of petrochemicals/lubricants contributed to the turnaround of operational profit ■ For the first time, the battery business broke through the KRW trillion ceiling in ...

■ Recorded KRW 12,300.5 billion for sales and KRW 618.5 billion for operating profits in Q3 2021 – Along with increase of the sales of batteries, increase in oil price and petrochemical products contributed to the continued increase in sales ■ Battery sales recorded a new high for the quarter as much as KRW 816.8 ...

■ Recorded KRW 11.1196 trillion in revenue, 506.5 billion in operating profit – Continued to gain surplus with chemical/base oil margin increase and battery business profit improvement ■ Surpassed KRW 1 trillion in terms of operating profit in the first half of the year after 3 years ■ Sales in battery business rapidly increased, exceeding ...

■ Recorded a KRW 9.2398 trillion in revenue, KRW 502.5 billion in operating profit – Made a turnaround due to margin rise in petrochemical products and inventory-related profits from rise in oil prices ■ Sales in battery business recorded KRW 526.3 billion, up about 80% from the previous year due to increase in sales volume ...

■The battery business set a new annual revenue record of 1.6 trillion KRW for the first time in 2020 ■The company recorded revenue of 7.6776 trillion KRW and operating loss of 243.4 billion KRW in the 4th quarter of 2020 Annual revenue and operating loss in 2020 were 34.1645 trillion KRW and 2.5688 KRW respectively ...

  ■ Total sales of KRW 12.3725 trillion despite difficult environment, operating profit of KRW 330.1 billion exceeds market predictions ■ Innovations based on ‘Deep Change’ in business model helped to resist industry fluctuations; non-refinering business paid off ■ Regular maintenance in 4Q and IMO 2020 expected to drive greater refining margins for the refinery business, higher expectations for ...