DL : 2023 1Q Earnings Results

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In 1Q, DL Holdings posted KRW 69 bn (YoY +114%, QoQ +247%) in operating profit, showing QoQ and YoY increase, thanks to Kraton turning a profit and

DL Energy having had a high season.

Net profit reverted to loss due to factors such as impact of equity method losses.

	1Q23	4Q22		1Q22
	Change	Change
Sales	1,287.4	1,328.1	-40.7	883.1	+404.3
Operating Profit	69.0	19.9	+49.1	32.3	+36.7
EBITDA	174.1	131.7	+42.4	81.5	+92.6
Net Profit	-23.6	46.9	-70.5	108.3	-131.9

			1Q23		4Q22		1Q22
						Change		Change
		Sales		1,287.4	1,328.1	-40.7	883.1	+404.3
		DL(Separate)		80.5	15.3	+65.2	156.7	-76.2
		DL Chemical(Separate)		424.2	410.5	+13.7	479.4	-55.2
		Kraton		662.9	721.9	-59.0	174.0	+488.9
		Cariflex		56.7	79.5	-22.8	68.0	-11.3
		DL FnC		21.3	21.8	-0.5	27.1	-5.8
		DL Energy		44.3	-1.1	+45.4	38.1	+6.2
		GLAD		21.2	27.1	-5.9	16.5	+4.7
		DL Motors		85.6	93.1	-7.5	79.9	+5.7
		Others / Consolidated		-109.3	-40.0	-69.3	-156.6	+47.3
		Operating Profit		69.0	19.9	+49.1	32.3	+36.7
		DL(Separate)		76.7	8.8	+67.9	146.9	-70.2
		DL Chemical(Separate)		16.1	42.4	-26.3	2.0	+14.1
		Kraton		9.0	-20.3	+29.3	-6.1	+15.1
		Cariflex		11.2	17.3	-6.1	11.2	-
		DL FnC		0.8	0.6	+0.2	2.1	-1.3
		DL Energy		38.1	-9.8	+47.9	23.1	+15.0
		GLAD		4.1	2.4	+1.7	2.3	+1.8
		DL Motors		-0.3	1.1	-1.4	0.1	-0.4
		Others / Consolidated		-86.7	-22.6	-64.1	-149.3	+62.6
	Equity Method Investment		-8.9	-58.7	+49.8	56.4	-65.3
		NetProfit		-23.6	46.9	-70.5	108.3	-131.9
		Controlling		-28.7	26.8	-55.5	98.3	-127.0