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PETALING JAYA: Analysts say they anticipate a longer road to recovery for Lotte Chemical Titan Holding Bhd (LCT) as industry weakness has persisted.
PETALING JAYA: Lotte Chemical Titan Holding Bhd (LCT) is expecting the global macroeconomic environment to remain volatile in the near term, with challenges persisting due to ongoing uncertainties in the demand and supply of products and supply chain for petrochemicals.
The shutdown of Lotte Chemical Titan Holding Bhd’s (LCT) Naphtha Cracker 1 (NC1) in Pasir Gudang, Johor, last month is viewed as “a positive development” by CGS International (CGSI) Research.
KUALA LUMPUR: Lotte Chemical Titan Holding Bhd is temporarily closing a naphtha cracking plant, Naphtha Cracker Number 1, from Dec 15, 2024, as it attempts to mitigate losses from a prolonged downturn.
Lotte Chemical Titan Holdings Bhd (LCT) faces an uphill battle as the prolonged downturn in the petrochemical sector continues to weigh on its performance.
KUALA LUMPUR: Axiata Group Bhd, Yinson Holdings Bhd, Datasonic Group Bhdm, Exsim Hospitality Bhd, Lotte Chemical Titan Holding Bhd (LCT) and T7 Global Bhd are among the stocks to watch today.
Lotte Chemical Titan Holding Bhd is expecting the global macroeconomic environment to remain volatile in the near term, with challenges persisting due to uncertainties in the demand and supply of products and supply chain for petrochemicals.
Lotte Chemical Titan Holding Bhd's parent company, Lotte Chemical Corp (LCC), is disposing of a 25% stake in PT Lotte Chemical Indonesia (LCI).
Lotte Chemical Titan Holding Bhd (LCT) expects continued uncertainty in the global business environment, with geopolitical factors like the Russia-Ukraine War and rising Middle East tensions driving fluctuations in crude oil prices.
KUALA LUMPUR: Lotte Chemical Titan Holding Bhd (LCT) expects continued uncertainty in the global business environment, with geopolitical factors like the Russia-Ukraine War and rising Middle East tensions driving fluctuations in crude oil prices.
KUALA LUMPUR: Stocks to watch on Thursday include Yong Tai Bhd, RHB Bank Bhd, Malaysia Airports Holdings Bhd (MAHB), CelcomDigi Bhd, Zen Tech International Bhd, Avillion Bhd, Bintai Kinden Corp Bhd, Lotte Chemical Titan Holding Bhd, Infomina Bhd, Censof Holdings Bhd and Cape EMS Bhd.
KUALA LUMPUR: Lotte Chemical Titan Holding Bhd narrowed its net loss in the second quarter ended June 30, 2024, to RM248.89mil from a net loss of RM313.47mil in the same year-ago quarter.
KUALA LUMPUR: Lotte Chemical Titan Holding Berhad (LCT) remains cautious due to uncertainties arising from oil price volatility, petrochemical glut, economic slowdown from inflation, and rising geopolitical tensions.
KUALA LUMPUR: Lotte Chemical Titan Holding Bhd (LCT) has clarified that after a thorough inquiry, Lotte Chemical Corp (LCC) is currently weighing various strategic measures related to the company.
Lotte Chemical Titan Holding Bhd (LCT) has clarified that after a thorough inquiry, Lotte Chemical Corp (LCC) is currently weighing various strategic measures related to the company.
KUALA LUMPUR: The trading stock of companies with recent announcements include YNH Property, YTL Power, Lotte Chemical Titan, Irekam, Sunsuria, Varia and Telekom, said Apex Securities Research.
KUALA LUMPUR: Lotte Chemical Titan Holding Bhd’s net loss widened to RM780.28 million in the financial year ended Dec 31, 2023 (FY2023) from RM731.06 million in FY2022, mainly due to lower tax credit recorded.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: Lotte Chemical Titan Holding Bhd (LCT) expects the outlook of the petrochemical industry to remain volatile considering the current external environment.
Global petrochemical players are in the doldrums, having to deal with excess capacity and slowing demand.
