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LG Chem Life Science achieves new quarterly sales record

By Kim, Jin-Gu | translator Alice Kang

22.08.24 12:01:21

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Q2 sales record ₩205.2 billion¡¦ Zemiglo series, growth hormone enjoy strong sales

Operating profit falls from ₩29.1 billion to ₩24.2 billion¡¦ influenced by the increased R&D expenses


LG Chem¡¯s Life Science company, which is in charge of the company¡¯s pharmaceutical business, has broken its quarterly sales record in the second quarter of this year.

Its flagship products - the Zemiglo series and growth hormone - had shown strong sales performance in Korea and abroad, rising nearly 20% in one year.

According to the Financial Supervisory Service on the 24th, LG Chem¡¯s Life Science sector recorded ₩205.2 billion in sales in Q2 this year. This is a 17.8% increase from the ₩174.2 billion made in Q2 last year.

The cumulative sales in 1H this year were ₩408 billion. If the company maintains the current growth rate, it may record sales of n

Kim, Jin-Gu(kjg@dailypharm.com)
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