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Lotte Chemical Titan 2Q net profit drops 72% amid operations interruption

Mimi Sabreena 4:34:00 PM Informasi

KUALA LUMPUR (July 31): Lotte Chemical Titan Holding Bhd (LCT) reported a 72% drop in its net profit to RM113.62 million or 6.58 sen per share for its second financial quarter ended June 30, 2017 (2QFY17), from RM404.03 million or 23.38 sen per share a year earlier.

Revenue fell 11% to RM1.78 billion from RM1.99 billion, the recently relisted integrated petrochemical producer said in a filing with the stock exchange.

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