S-Oil remains in red in Q2

People walk in front of the headquarters of S-Oil in Mapo District, Seoul, Nov. 16, 2022. Yonhap

People walk in front of the headquarters of S-Oil in Mapo District, Seoul, Nov. 16, 2022. Yonhap

S-Oil on Friday reported its second-quarter net loss of 21.3 billion won ($15.4 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that operating profit for the April-June period rose 341.1 percent on-year to 160.6 billion won. Revenue increased 22.4 percent to 9.57 trillion won. (Yonhap)

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