Wider net loss for Lotte Chemical Titan


The company's revenue was flat at RM1.95bil against RM1.96bil previously.

PETALING JAYA: Lotte Chemical Titan Holding Bhd (LCT) expects continued uncertainty in the global business environment, with geopolitical factors like the Russia-Ukraine War and rising Middle East tensions driving fluctuations in crude oil prices.

In its third quarter ended Sept 30, LCT’s net loss widened to RM246.4mil compared with RM55.6mil in the same period last year while revenue was flat at RM1.95bil against RM1.96bil previously.

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