SONGWON returns to profit as lubricant additives demand rises

SONGWON Industrial Group has reported a sharp turnaround in the second quarter of 2026, with consolidated sales up 23.8% year on year to KRW 328.5 billion (USD 237.1 million) and net profit of KRW 29.6 billion (USD 21.4 million), against a net loss in the same quarter of 2025. For the first half, revenues rose 10.5% to KRW 597.7…

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