Lotte Chemical Titan optimistic about performance in 2H23

KUALA LUMPUR: Lotte Chemical Titan Holding Bhd (LCT) is optimistic that its financial performance in the second half of 2023 (2H 2023) will improve, supported by the reopening of China’s borders in early 2023.

President and chief executive officer Park Hyun Chul said that although the company had seen a slight uptick beginning in January, the progress, in terms of demand, has been moving slower than expected.