Wednesday, October 14, 2009

LG Chem’s Q3-09 earnings surpass estimates, full-year sales to reach record highs

LG Chem has posted third-quarter earnings that have surpassed estimates, and that could prop full-year sales to record highs. Earnings in the first 9 months exceeded LG Chem’s 2008 profit as the cost of naphtha fell and China’s stimulus package spurred demand.

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