PETALING JAYA: Lotte Chemical Titan Holding Bhd
’s (LCT) net loss widened to RM1.67bil in the fourth quarter ended Dec 31, 2025 (4Q25), from RM590.13mil in the corresponding quarter a year ago.
LCT said the losses were mainly due to impairment losses on property, plant and equipment and right-of-use assets, as well as margin spread compression.
It also cited changes in inventories written down to net realisable value, in addition to higher depreciation and interest expenses following the commercialisation of the Lotte Chemical Indonesia New Ethylene project.
Revenue rose 43.2% to RM2.57bil from RM1.8bil previously, mainly supported by higher sales volume, while loss per share widened to 73.36 sen from 25.91 sen.
For the financial year ended Dec 31, LCT posted a wider net loss of RM2.14bil compared with RM1.26bil previously, while revenue increased to RM7.94bil from RM7.43bil a year earlier.
