Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
010950.KS - S-Oil Corp
Q1 2025 S-Oil Corp Earnings Call
Apr 28, 2025 / 01:00AM GMT
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Presentation
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Unidentified_1 [1]
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Good morning. This is Katie Gong, treasurer of soil. I'd like to extend my gratitude to investors and analysts in and out of Korea for joining SOS conference call for Q1 2025 earnings results. For today's conference call, we have CFO JW Pang, IR team leader HD Tong, and team members.
First, I'll take you through the highlights of Q1 results.
In 21, the company recorded operating income of minus CNY21.5 billion.
Refining business turned red due to various refining margins resulting from the delayed regular TNIs in the region.
Petrochemical business also recorded the loss while loopus recorded similar level of operating income with the Q4 last year.
Next is market outlook.
Although uncertainties
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