LG Chem stock: LG Chem weighs Yeosu restructuring. Meritz target for LG Chem stock is KRW 310,000
Published on 10/24/2026 at 01:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRestructuring and earnings pressure
- LG Chem discussed Yeosu restructuring on October 22, 2026, while third-quarter operating profit was forecast at KRW 275.60 billion.
- Second-quarter 2026 revenue reached KRW 14.18 trillion and net income was KRW 113.45 billion.
- LG Chem is scheduled to present third-quarter results on November 5, 2026.
LG Chem (ISIN KR7051910008) faces a third-quarter operating-profit estimate of KRW 9.90 billion as petrochemical weakness and slow cathode-material recovery weigh on the group. Aju Press reported this estimate on October 20, 2026, citing NH Investment & Securities and a market forecast of KRW 187.00 billion.
Yeosu restructuring tests the recovery
Korea Financial Times reported on October 22, 2026, that LG Chem was discussing a restructuring of its Yeosu naphtha cracking center with GS Caltex. The plant resumed operations on October 12, 2026, after 203 days, but higher logistics costs and the negative inventory lag effect still weigh on second-half earnings.
The same report put third-quarter consensus revenue at KRW 14.71 trillion and operating profit at KRW 275.60 billion. Samsung Securities projected KRW 15.56 trillion of revenue and KRW 613.60 billion of operating profit in a report dated October 12, 2026. The gap makes petrochemical margins the central test for the upcoming results.
What does KRW 275.60 billion imply?
The forecast implies a sharp recovery from the KRW 9.90 billion estimate cited by NH Investment & Securities, yet it remains below the KRW 613.60 billion Samsung Securities forecast. Korea Financial Times also reported that advanced-materials operating profit was expected to rise from KRW 20.00 billion in the second quarter to KRW 50.00 billion in the third quarter.
Three dates frame the story
On August 14, 2026, LG Chem's second-quarter update showed revenue of KRW 14.18 trillion and net income of KRW 113.45 billion, according to Yahoo Finance. On October 15, 2026, Meritz Securities cut its target from KRW 370,000 to KRW 310,000, as reported by Edaily. On October 22, 2026, the Yeosu restructuring discussion became the latest operating focus.
Next reporting date is set
LG Chem is scheduled to present its third-quarter 2026 results on November 5, 2026, in a conference call, according to the disclosed investor-relations notice carried by AWAKEPLUS. For investors, the key question is whether advanced-materials gains can offset renewed petrochemical losses.
Company scale provides context
LG Chem's company profile lists 2025 sales of KRW 45.93 trillion and operating income of KRW 1.18 trillion. Its business spans petrochemicals, advanced materials and life sciences, so the next report will show whether the battery-linked recovery can broaden beyond the subsidiary effect.
LG Chem key facts
- Company: LG Chem, Ltd.
- ISIN: KR7051910008
- Ticker: 051910
- Sector / Industry: Basic Materials / Chemicals
- Historical 2025 sales: KRW 45.93 trillion
- Historical 2025 operating income: KRW 1.18 trillion
- Next earnings date: November 5, 2026
Market context: Market report KOSPI.
