Seoul: S-Oil Corp., South Korea's third-largest refiner by sales, on Monday reported its 2025 net income of 216.9 billion won (US$149.8 million), marking a recovery from a loss of 193 billion won a year earlier.

According to Yonhap News Agency, the company disclosed in a regulatory filing that it recorded an operating profit of 288.2 billion won for the year, a decrease from 422.2 billion won in the previous year. Additionally, S-Oil's annual sales saw a decline of 6.5 percent, amounting to 34.24 trillion won.