4 stories mentioning KRX:011790Updated 3d ago
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SKC (KRX:011790) said it has not finalized any specific plans regarding the potential sale of its stake in SK PIC Global, denying media reports that it has started the sales process.The company said that it is reviewing various strategic options, including the sale of its stake in SK PIC, and will make a decision within six months.
SKC (KRX:011790) posted a net loss attributable to owners of the parent of 90.7 billion won in the second quarter, swinging from net income of 3.4 billion won a year earlier.Sales rose 38.3% to 645.5 billion won from 466.8 billion won for the three months ended June 30, according to a Monday filing with the Korea Exchange.Shares of the chemical and film manufacturer fell more than 1% in recent trade.
SK Group's chemical and materials unit SKC (KRX:011790) plans to issue 11.7 million new shares, valued at 1.167 trillion won, according to a filing with the Korea Exchange on Wednesday.The shares will be issued at 99,500 won apiece, the filing said.A portion of the proceeds will be used to secure customer certification for glass substrates and establish a mass production system. SKC will also use the funds to repay borrowings.Shares of the company fell over 3% in recent trade.
SKC (KRX:011790) posted a first-quarter net loss attributable to shareholders of 81.6 billion won, narrowing from 104.9 billion won a year earlier, according to a Wednesday filing with the Korea Exchange.Sales of the chemicals company were up 13% year over year to 496.6 billion won from 437.9 billion won.Shares of SKC fell more than 1% at market close.
