SK Innovation expects solid Q2 refining margins, battery unit widen losses By Reuters

By Heekyong Yang and Joyce LeeSEOUL (Reuters) -SK Innovation Co Ltd, owner of South Korea’s top refiner SK Energy, said on Monday it expects solid refining margins to continue in the second quarter backed by firm demand. The company posted an operating profit of 625 billion won ($454 million) for the January-March period, versus a 375 billion won profit a year earlier. That compared with an…