Refining

S-Oil turns to Q4 profit on weakening Korean won

January 25, 2026 በAI የተዘገበ በ AI የተሰራ ምስል

South Korea's third-largest refiner S-Oil reported a net profit in the fourth quarter, attributing the turnaround to a weakening Korean won. The October-December net profit reached 265 billion won, reversing a 131.7 billion won loss from a year earlier. Operating profit rose 90.9 percent year-on-year to 424.5 billion won.