Established President Listed Employees Group
Apr. 1, 2001 Noh Ki-Ho Apr. 25, 2001 8,068(2002. 6) LG
Auditors' Opinion Asset Revaluation Reference Bank Times Interest earned Corporate Bond
Unqualified - Woori 5.63 AA-
LGCI
23.3
(Company / Sector average)
Sales Growth(%) ROE(%) Debt Ratio(%) Reserves Ratio(%)
112.66 / 7.09 30.35 / 12.48 165.14 / 122.31 293 / 430
Cost Breakdown Raw Materials Labors Overhead
(%) 61.4 8.9 29.5
Sales Breakdown Petrochemical Resins Industrial Materials
(%) 26.0 26.0 41
Export Ratio (%) 41.0
  LG Chem is a vertically integrated chemical company that manufactures a wide range of products, from petrochemical goods to high-value plastics, flooring and automotive parts. Sales grew moderately. Sales rose in comparison to the previous year due to brisk sales in all of its three major business divisions. Decrease in fixed cost due to sales growth resulted in increase in operating income and improvement in non-operating income led to a sharp rise in ordinary income. Cash flow from operation is smooth and its burden from borrowings is not great so a stable financial structure is expected to continue.
  Moderate sales growth is expected for LG Chem thanks to a chemical product price increase and steady sales growth of industrial material sales. As cash flow from operations is smooth and its burden from borrowings is not great, an improvement in financial structure is expected.