OCI Q2 Results

OCI Posts Operating Profit of KRW 43.3 Billion in Q2, Turning to Profit From a Year Earlier

LEE Jinhan mystic2j@mk.co.kr Input :  2026-07-22 16:58:32 Updated :  2026-07-22 16:59:07

Improved results in petrochemicals and semiconductors Strengthening semiconductor materials, including wafer recycling

OCI turned to profit from a year earlier, helped by a surge in prices for some petrochemical products amid supply chain disruptions caused by the war in the Middle East.

On the 22nd, OCI disclosed that on a consolidated basis it posted sales of KRW 535.0 billion and operating profit of KRW 43.3 billion in the second quarter of 2026. Revenue rose 1.5% from a year earlier, while net income swung from an operating loss of KRW 2.3 billion to a profit.

The second-quarter results were driven by higher sales volume and selling prices for petrochemical products, supported by stronger demand from customers, as well as improved performance in the semiconductor materials business. The company said sales volumes of products such as chlor-alkali and toluene diisocyanate (TDI) increased on a base effect from the end of scheduled maintenance and a recovery in product demand, while TDI prices also rose due to supply disruptions caused by the war in the Middle East.

https://www.mk.co.kr/en/business/12104565