Lotte Chemical losses within expectations

Maybank IB Research expects the company to begin registering depreciation of about RM700mil annually in financial year 2026.

PETALING JAYA: Lotte Chemical Titan Holding Bhd is expected to be loss-making in the foreseeable future, as polymer-naphtha spreads remain subdued.

The chemical group posted a core net loss of RM160.5mil for the second quarter ended June 30, 2025 (2Q25), taking its cumulative core losses to RM300mil for the first half of the year (1H25).