ISU Chemical Achieves Record-High Operating Profit of 122 Billion Won in First Half

Second Quarter Operating Profit at Record High of 96.6 Billion Won
Profitability Boosted by Expanded LAB and NP Spread
ISU Construction Maintains Profitability with First-Half Operating Profit of 10.1 Billion Won

ISU Chemical achieved record-high performance in the first half of this year, driven by the expanded spread of its main products, linear alkylbenzene (LAB) and normal paraffin (NP).

On August 18, ISU Chemical announced that its consolidated sales for the first half reached 1.3793 trillion won, with an operating profit of 122 billion won. Operating profit increased nearly thirtyfold compared to the same period last year. In the second quarter, operating profit hit 96.6 billion won, marking the highest quarterly result in the company’s history.

This improvement in results was mainly due to continued profitability gains in the petrochemical business from the first quarter through the second quarter. Tightening global supply and demand for LAB and NP, the company’s core products, led to an expansion in product spreads, thereby boosting profitability.

ISU Chemical also maintained a stable production system despite uncertainties in raw material supply stemming from the Strait of Hormuz blockade, as well as global supply chain risks, contributing further to improved results.

A company representative stated, "This tight supply-demand environment is expected to influence market conditions from the end of this year through next year. We will continue to operate stably and respond flexibly to market changes in the second half of the year."

The representative added, "We will continue to strengthen the competitiveness of our existing businesses, while also focusing on discovering new businesses for sustainable growth."

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