SK Innovation expects the refining margin to remain stable in 2022, due to the decrease in the rise of COVID-19.

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SK Innovation Co Ltd, owner of South Korea’s top refiner SK Energy, said on Friday that the refining margin in 2022 is expected to remain stable as the COVID 19 surge eases and demand returns to normal, pushing refineries increase their production rates.

The company posted an operating loss of 47 billion won ($39.01 million) in the October-December quarter, compared with an operating loss of 199 billion won a year earlier.

($1 = 1,204.8900 won)

Marketzone with Reuters 2022

All news about SK INNOVATION CO., LTD.
Financial data

2021 turnover 45,956 billion
38.1 billion
34.2 billion
2021 net result 746 billion
0.62 billion
0.55 billion
Net debt 2021 10,728 billion
8.89 billion
7.98 billion
PER 202126.4x
2021 performance0.83%
Capitalization 17,903 billion
14,881M
13,319M
VE / CA 20210.62x
VE / CA 20220.55x
Number of employees2,469
Floating54.9%

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Trends technical analysis SK INNOVATION CO., LTD.

Short termMiddle termLong term
TrendsNeutralNeutralNeutral

Evolution of the Income Statement

Sale

Purchase

Average recommendationTO BUY
Number of Analysts28
Last Closing Price

KRW215,500.00

Average price target

KRW352,214.29

Deviation / Average Target 63.4%

Officers and Directors



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