KUALA LUMPUR: Lotte Chemical Titan Holding Bhd (LCT) returned to the black, with its highest quarterly net profit of RM440mil for the first quarter ended March 31,2021, supported by substantially stronger product margin spreads seen from a year ago.
In a filing with Bursa Malaysia, the group said its strong earnings growth for the first quarter is close to triple its 2020 profit after tax, despite the ongoing Covid-19 pandemic.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!