SK Chemicals swings to profits in Q1

SK Chemicals Co. on Friday reported its first-quarter net profit of 13 billion won ($10.7 million), swinging from a loss of 11.6 billion won a year earlier. 

Operating income for the January-March period was 8 billion won, up 119.2 percent from a year ago, the company said in a regulatory filing. Sales fell 20.9 percent to 252.5 billion won.  (Yonhap)