Lotte Chemical’s woes to continue


Listed at RM6.50 per share in July 2017, the stock is now at RM2.05, down 68% since then.Over the same period, stock market benchmark index, the FBM KLCI has shed around 13%.

Lotte Chemical Titan Holding Bhd’s (LCT) shares are trading at their lowest level since the petrochemical company got listed about two years ago, and if industry outlook reports are anything to go by, it looks like shareholders will have to wait a little longer for some cheer to come by.

Listed at RM6.50 per share in July 2017, the stock is now at RM2.05, down 68% since then.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Save and win attractive prizes
Trading ideas: TNB, Southern Cable, MYMBN, CCK, YTL Power, Lebtech, Teck Guan
Sime Motors to increase service centres supporting BYD
Travel segment to buoy Tune Protect revenue
Banking sector growth trajectory intact
Livestock trade expands to RM1.4bil in value in 2023
MYMBN impacted by halt in bird’s nest exports
Bank Islam surpasses RM4bil green financing target
Third executive to contest firing by SingPost
TM One, SDEC expand Sarawak partnership

Others Also Read