Lotte Chemical Titan likely to Widen FY23 Net Losses – Plixstar

Lotte Chemical Titan likely to Widen FY23 Net Losses

Lotte Chemical Titan Holding Bhd’s (LCT) core net losses for the financial year 2023 (FY23) is expected to widen by 16% due to lower average petrochemical selling price assumptions, says CGS-CIMB Research.

The group’s recent 4Q22 core net loss of RM317mil was a record quarterly loss for LCT, pipping 3Q22’s loss of RM290mil.

Read more

Related posts

Leave the first comment