SK Innovation二季度营业利润3.4873万亿韩元并已被近期决策处理

SK Innovation (096770.KS) posted operating profit exceeding 3 trillion won in the second quarter, driven by improved profitability in its lubricants and battery businesses.
SK Innovation said on the 30th that second-quarter operating profit reached 3.4873 trillion won, swinging to a profit from the same period a year earlier. The company had posted a loss of around 400 billion won in the second quarter of last year. Second-quarter revenue rose 49.9% year-on-year to 29.1572 trillion won.
The strong earnings in the second quarter were largely driven by improved results in the lubricants and battery businesses. SK Enmove's operating profit reached 691.9 billion won, up 503.4 billion won from the previous quarter. Margins in the lubricant base oil business rose as major competitors in the Middle East faced supply disruptions, expanding sales performance in the global market.
SK On's battery business posted operating profit of 821.8 billion won, swinging to a profit from the previous quarter. The business achieved significant profit growth on the back of expanded sales volume in Asia, the receipt of customer compensation, and an increase in tax credits under the U.S. Inflation Reduction Act (IRA).
In the second quarter, SK On completed procedures to end its "BlueOval SK" joint venture with Ford Motor and launched the wholly owned "SK On Tennessee" plant, pursuing eased financial burdens and strengthened profitability through the restructuring of its battery business. Going forward, the company plans to improve results by achieving a qualitative transformation of its business portfolio, including expanding energy storage system (ESS) orders, through continued portfolio rebalancing.
In the refining business, solid results continued in the second quarter, reflecting lagging effects and inventory effects from rising oil prices. However, as oil prices fell on expectations of eased geopolitical risks in June, SK Energy's operating profit narrowed to 651.2 billion won compared to the previous quarter. Of this, inventory-related profit was about 560 billion won.
SK Geo Centric recorded operating profit of 43.7 billion won, down 83.9 billion won from the previous quarter, due to a narrowing spread between paraxylene (PX) and its feedstock naphtha. A decline in product sales volume, resulting from adjusted operating rates amid changing feedstock procurement conditions, also had an impact.
SK Earthon posted operating profit of 29.9 billion won, down 34.8 billion won from the previous quarter, due to reduced sales volume in line with the crude oil shipment schedule for its stake in China. SK Innovation E&S recorded operating profit of around 105.9 billion won, affected by reduced demand for its city gas business as it entered the seasonal off-peak period, and power plant maintenance conducted to ensure stable electricity supply during the summer.
SK Innovation plans to respond with flexible, optimal operations, as it expects significant volatility in the oil business in the third quarter. "In a situation where uncertainty in the Middle East persists, we will do our utmost to ensure a stable supply of petroleum products while continuing our efforts to enhance operational efficiency and improve profitability by responding flexibly to market changes," an SK Innovation official said.
The battery business is expected to see profitability improvements through fixed-cost reductions from the portfolio rebalancing pursued in the second half, along with continued operational efficiency efforts. In addition, the company plans to strengthen its capacity to expand electric vehicle battery sales and secure additional ESS orders, and in particular to secure mid- to long-term profitability improvement momentum through rapid order expansion centered on customers such as artificial intelligence (AI) hyperscalers and power companies.