SK Innovation's profits jump, refining margins to stay moderate in Q2

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

SEOUL : SK Innovation Co Ltd, owner of South Korea's top refiner SK Energy, posted on Friday a 182 per cent jump in quarterly profit and said refining margins are projected to stay moderate in the second quarter as tight supply and low inventory continue due to the Russia-Ukraine crisis.The company's oper

SEOUL : SK Innovation Co Ltd, owner of South Korea's top refiner SK Energy, posted on Friday a 182 per cent jump in quarterly profit and said refining margins are projected to stay moderate in the second quarter as tight supply and low inventory continue due to the Russia-Ukraine crisis.

Revenue rose 73 per cent to 16.3 trillion won, slightly below an average analyst estimate of 16.8 trillion won, according to Refinitiv SmartEstimate.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in ENERGY

Energy Energy Latest News, Energy Energy Headlines