Lg Chem Ltd. · KRX:051910
Lg Chem — Q2 2010 Earnings Presentation
12 slides from Lg Chem's earnings presentation, Jul 20, 2010
Slide 1: 2Q 2010 Business Results & Outlook
2Q 2010 Business Results & Outlook July 20, 2010
Slide 2: The business results for the second quarter of 2010 currently under audit review are
The business results for the second quarter of 2010 currently under audit review are presented here for investors’ convenience. Hence, please be advised that some of their contents may be altered in the course of audit. Forecasts and projections contained in this material are based on current busine
Slide 3: Table of Contents
Table of Contents Quarterly Business Results 1 2Q 2010 Business Results 2 Divisional Results & Outlook 4 Appendix 6
Slide 4: Quarterly Business Results (IFRS basis)
Quarterly Business Results IFRS basis (Unit: KRW bn) 5.03tn 4.42tn 4.29tn 4.05tn 3.83tn 828 3.35tn 697 652 629 485 287 '09.1Q 2Q 3Q 4Q '10.1Q 2Q Sales OP 1 /9
Slide 5: 2Q 2010 Business Results Income Statements
2Q 2010 Business Results Income Statements (Unit: KRW bn) Classification ’09.2Q ’10.1Q ’10.2Q YoY QoQ Sales 3,830 4,423 5,028 31.3% 13.7% Operating Profits 629 652 828 31.6% 26.9% (%) (16.4) (14.7) (16.5) Pre-tax Income 621 649 822 32.3% 26.6% (%) (16.2) (14.7) (16.3) Net Income 475 518 646 36.0% 24
Slide 6: 2Q 2010 Business Results Financial Position
2Q 2010 Business Results Financial Position Financial Position Financial Ratios (Unit: KRW bn) Classification ’09 ’10.2Q Change Classification ’09 ’10.2Q Change Asset 10,531 11,991 13.9% Total Liabilities 77.7 75.2 -2.5%p / Equity (%) Cash and 1,107 1,043 -5.8% equivalent Debt / Equity (%) 40.7 38.1
Slide 7: Divisional Results & Outlook: Petrochemicals
Divisional Results & Outlook Petrochemicals Business results Analysis (Unit: KRW bn) • Analysis 3,765 ▣ Profitability increased with the tight supply & strong NCC/PO demand across the products 3,309 29% - NCC/PO : Solid margin maintained thanks to NCC 2,847 expansion and increased sale of premium PV
Slide 8: Divisional Results & Outlook: I & E Materials
Divisional Results & Outlook I & E Materials Business results Analysis (Unit: KRW bn) • Analysis ▣ Continuous profit increase driven by new demands from LED TV, Smartphone and strong China market 1,300 - Optical : Solid profit due to demand increase in 1,159 Materials premium TV and strong China mar
Slide 9: Appendix: Sales & Operating Profit
Appendix Sales & Operating Profit (Unit: KRW bn) 2009 2010 LGC 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total Sales 3,350 3,830 4,295 4,046 15,521 4,423 5,028 9,451 Operating Profit 485 629 697 287 2,098 652 828 1,480 Petrochemicals 2,582 2,847 3,062 2,959 11,450 3,309 3,765 7,074 NCC/PO 751 836 911 897 3,395
Slide 10: Appendix: Borrowings & Cash Flow
Appendix Borrowings & Cash Flow Borrowings Cash Flow (Unit: KRW bn) (Unit: KRW bn) Classification ’09 ’10.2Q Classification ’09 ’10.2Q Total 2,411 2,607 Beginning 514 1,107 (Overseas Subsidiaries) (602) (873) 100% 100% Operating/Investing 1,515 20 266 163 KRW Currency 11% 6% Net Income 1,539 1,164 C
Slide 11: Appendix: CAPEX Plan & Results
Appendix CAPEX Plan & Results (Unit: KRW bn) Classification ’08 ’09 ’10 Plan ’10.1H New / Expansion 223 158 289 102 Petrochemicals Maintenance 103 132 174 98 Total 326 290 463 200 New / Expansion 270 472 670 340 I&E Maintenance 58 81 125 53 Materials Total 328 553 795 393 New / Expansion 1 22 - - Co
Slide 12: Appendix: Price Trends
Appendix Price Trends (Unit:U$/MT) (Unit:U$/MT) 1,858 1,720 1,800 1,718 3,547 1,681 3,424 1,526 1,632 1,333 1,413 1,462 1,271 2,712 2,728 1,304 1,381 1,198 1,213 2,483 1,307 1,260 1,227 1,255 2,145 1,036 1,016 1,027 1,164 2,109 945 1,973 1,971 1,111 1,911 873 1,008 1,756 1,760 1,822 1,961 2,032 938