SK Innovation Q1 Net Loss Widens on Lower Refining Margins
SEOUL, April 30 (Korea Bizwire) — SK Innovation Co., South Korea’s leading refiner, said Wednesday its net loss widened in the first quarter from a year earlier despite a sharp increase in sales, due to falling oil prices and declining refining margins. Net loss deepened to 125.6 billion won (US$88.4 million) in the three months [...]