KUALA LUMPUR: Lotte Chemical Titan Holding Bhd recorded a 19.49% decline in net profit to RM151.16mil in the fourth quarter ended Dec 31, 2020, as compared to RM187.76mil in the same quarter last year.
The group said in a filing with Bursa Malaysia that the weaker performance was owing to a decrease in average product selling price and sales in volume in the olefins and derivative products segment during the quarter.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!