#YonhapInfomax #GSCaltex #DebtReduction #ShortTermBorrowings #PetrochemicalLosses #FinancialRestructuring #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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GS Caltex Slashes Debt by Half as Sales Decline Prompts Cost Efficiency Drive
GS Caltex Corp. cuts total debt by nearly half to 3.9 trillion won amid declining revenues, slashing short-term borrowings by 84% and reducing interest expenses through strategic financial restructuring while petrochemical division faces continued losses from delayed MFC investment recovery.


