KUALA LUMPUR: Lotte Chemical Titan Holding Bhd
's operating profit jumped 60% year-on-year (y-o-y) to RM138.2mil in the third quarter ended Sept 30, 2020, due to a better polymer products spread on improved demand.
It said in a statement that the improved product spread offset the lower sales revenue of RM1.94bil, which was 11.82% lower from the comparative quarter last year.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!
