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모모벳 announces provisional results for the third quarter of 2025

2025.11.12

모모벳 announces provisional results for the third quarter of 2025
모모벳
■ Consolidated sales of KRW 4.7861 trillion and operating loss of KRW 132.6 billion in Q3 2025 ■ 모모벳 stated, “We are actively pursuing structural business reformation to secure mid- to long-term competitiveness and improve cash flow… We plan to respond proactively to the government’s petrochemical industry restructuring and accelerate the sale of non-core assets to strengthen fundamental competitiveness and financial stability.”
모모벳 announced its provisional consolidated results for the third quarter of 2025, recording sales of KRW 4.7861 trillion and an operating loss of KRW 132.6 billion. 모모벳 stated, “We are actively pursuing structural business reformation to secure mid- to long-term competitiveness and improve cash flow,” adding, “We plan to respond proactively to the government’s petrochemical industry restructuring and accelerate the sale of non-core assets to strengthen fundamental competitiveness and financial stability.” The third quarter of 2025 results for 모모벳 and its major subsidiaries are as follows: Basic Chemicals (모모벳 Basic Materials Business, LC Titan, LC USA, LOTTE GS Chemical) recorded sales of KRW 3.3833 trillion and an operating loss of KRW 122.5 billion. With the end of scheduled maintenance eliminating one-off costs and raw material prices stabilizing downward, the spreads improved, leading to enhanced profitability. Although raw materials are expected to remain stable in the fourth quarter, global demand is projected to stay sluggish due to external uncertainties. The Advanced Materials division posted sales of KRW 1,022.2 brillion and operating profit of KRW 57.5 billion. Despite weaker demand in downstream industries and conservative inventory operations, profitability remained solid thanks to expanded sales of high-value products. Entering the seasonal off-peak period in the fourth quarter, sales volume is expected to decrease due to scheduled maintenance. LOTTE Fine Chemical recorded sales of KRW 443.4 billion and operating profit of KRW 27.6 billion. Profitability improved due to rising international prices of chlorine-based products and the end of scheduled maintenance. In the fourth quarter, the company plans to expand sales centered on high-value products despite flat demand in downstream industries. LOTTE Energy Materials posted sales of KRW 143.7 billion and an operating loss of KRW 34.3 billion. Despite inventory adjustments and productivity improvement efforts, losses continued due to customer-side adjustments. In the fourth quarter, although challenging external conditions such as strong raw material prices and uncertainty in downstream industries are anticipated, the company plans to continue expanding strategic sales of high-value AI circuit foil and ESS battery foil.
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