The earnings data for the second quarter of 2015 included in this press release have not been reviewed or audited by an external auditor and thus are subject to change in the event of an external audit. The data have been compiled _ base_d on a K-IFRS consolidated financial statement and on the operating profit calculated under the revised rules of No. 1001 of K-IFRS on the “Presentation of Financial Statements”. Please note that for this reason, the data on operating profit may differ from the previously disclosed figures.

Q2 sales declined 15.3% to 632.4 billion won from the same period one year ago, but operating profit soared 33.3% to 59.3 billion won during the same period.
Chemicals saw operating profit skyrocket 97.1% to 47.1 billion won, making up for the lackluster performance of the film business and leading the impressive earnings growth.

[Chemicals]

ㅁ Q2 sales of 248.5 billion won, operating profit of 47.1 billion won, operating margin of 19.0%
Earnings improved significantly on the back of increased sales of propylene glycol (PG), especially for food and medical uses, and a broader client _ base_. The operating margin almost doubled from a year ago as a result of a successful location mix for polyol, after concentrating sales campaigns on high-profit locations.


[Films]

ㅁ Q2 sales of 177.5 billion won, operating profit of 8.4 billion won, operating margin of 4.7%
Key front industries such as displays and mobile devices continue to be sluggish, but sales of heat-shrinkable and industrial films remain solid. Against this backdrop, the film business achieved a 4.7% operating margin, mainly driven by the strong sales of high-performance materials and fresh demand from new clients.


[Subsidiaries]

ㅁ Q2 sales of 206.4 billion won, operating profit of 3.8 billion won
Operating profit dropped due to reduced sales and a one-time cost incurred as a result of business restructuring that was carried out to normalize the business at SK Telesys. Nevertheless, operating profit remained unchanged from the same period last year, despite a decrease in sales, on the back of the acquisition of Bioland and the consistently solid profit generated by SKC Air Gas.

Appendix 1. Earnings Data Based on Consolidated Financial Statements (Unit: 100 million won, %)

Appendix 2. Quarterly Earnings by Business Area (Unit: 100 million won)