CGS International Research said LCT could see an upside in share price on the back of a possible white knight for the company.
PETALING JAYA: Lotte Chemical Titan Holding Bhd
(LCT) could incur huge losses when its Lotte Chemical Indonesia New Ethylene (Line) project in Indonesia starts commercial operations after its targeted completion in the middle of next year.
CGS International Research said the Line project, which has not been factored into its earnings projections, has the potential to significantly widen its core net loss forecasts.
