S-Oil Corporation's Oil Refining business sales from external customers stood at Won 20,190,770 M and Won 12,635,043 M for 2021 and 2020, respectively, said the company.
Inter-segment sales stood at Won 6,644,647 M and Won 3,746,009 M for 2021 and 2020, respectively. Total sales stood at Won 26,835,417 M and Won 16,381,052 M for 2021 and 2020, respectively.
Operating profit stood at Won 908,222 M and Won (1,704,106) M for 2021 and 2020, respectively. Property, plant, equipment and intangible assets stood at Won 6,748,840 M and Won 7,061,125 M for 2021 and 2020, respectively.
Depreciation and amortization and others stood at Won 395,387 M and Won 386,826 M for 2021 and 2020, respectively.
As per MRC, S-Oil Corporation has brought the residual fluidization catalytic cracking plant (RFCC) online. S-Oil Corporation has brought the residual fluidization catalytic cracking plant (RFCC) online on 24 May 2022, four days after an explosion rocked the company’s refinery unit in Ulsan, forcing the maker to take all downstream plants offline as a safety measure.
S-Oil Corp. engages in the operation of oil refineries. It operates through the following business divisions: Oil-Refining, Lube Oil, and Petrochemical. The Oil-refining includes the processing of liquefied petroleum that produces gas, naphtha, kerosene, diesel, and b-c Oils. The Lube Oil produces lube-based oil and marine lubricants. The Petrochemical provides benzene, toluene, xylene, and para-xylene. The company was founded on January 6, 1976 and is headquartered in Seoul, South Korea.
mrchub.com