SK Innovation Q1 2026 Swings to Profit, Operating Profit KRW 2.16T…Battery Loss Narrows

Revenue KRW 24.2T, operating profit KRW 2.16T, net profit KRW 896B (swing to profit from operating loss a year ago)
Battery/materials segment operating loss narrowed to KRW 422B from KRW 1.16T a year ago
Energy/chemical segment led with operating profit of KRW 2.37T
Debt ratio improved slightly to 189% from 190% at year-end
Dividend: No dividend for 2025; 2026 policy under review
Risk: Oil price surge due to US-Iran war (Brent $128/bbl in March) benefited oil business, but large derivative valuation losses and litigation risks exist

ADVERTISEMENT (250px+)