© Reuters. FILE PHOTO: The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji/File Photo
SEOUL (Reuters) – SK Innovation Co Ltd, owner of South Korea’s top refiner SK Energy, said on Friday that refining margins in the fourth quarter are expected to post steady growth as COVID-19 recedes and demand returns.
The company posted an operating profit of 619 billion won ($528.95 million) in the July-September quarter, compared with an operating loss of 54 billion won in the same period a year earlier.
($1 = 1,170.2500 won)
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