The company said net income for Q1 2025 (quarter ended March 31) was $177 million ($0.54 per diluted share), and net income excluding identified items was $110 million ($0.33 per share). EBITDA excluding identified items was $576 million.

1. 01

   The company said net income for Q1 2025 (quarter ended March 31) was $177 million ($0.54 per diluted share), and net income excluding identified items was $110 million ($0.33 per share). EBITDA excluding identified items was $576 million.

2. 02

   The company said it announced plans in March 2025 to permanently close its Dutch PO joint venture asset, resulting in exit costs of $117 million, and that it ceased operations at its Houston refinery in February 2025, reporting the refining business as a discontinued operation.

3. 03

   The company said it used $579 million in cash from operating activities in Q1 2025, invested $483 million in capital expenditures, and returned $543 million to shareholders through dividends and share repurchases.

4. 04

   The company said it held $1.9 billion in cash and cash equivalents as of the end of Q1 and had $6.5 billion in available liquidity. It also announced a Cash Improvement Plan of $500 million focused on strengthening financial results.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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