South Korea's Top Refiner Expects Solid Refining Margin in Second Quarter

South Korea's Top Refiner Expects Solid Refining Margin in Second Quarter

Yahoo Canada Finance

SK Innovation Co Ltd, owner of South Korea's top refiner SK Energy, said on Monday it expects solid refining margins to continue in the second quarter backed by firm demand. The company posted an operating profit of 625 billion won ($454 million) for the January-March period, versus a 375 billion won profit a year earlier. First-quarter revenue fell 1.5% to 18.9 trillion won from the same period.

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