Malaysia’s Lotte Chemical Titan narrows Q1 losses despite revenue dip
Lotte Chemical Titan posted a Q1 FY2025 net loss of RM134.8 million (~$31.5 million), improving from RM189 million last year. Revenue fell 22 per cent YoY to RM1.5 billion (~$351 million) due to lower sales volume. LBITDA dropped 38.3 per cent YoY to RM37.7 million (~$8.8 million). LCT stays committed to strategic goals, including its LINE Project in Indonesia.
Lotte Chemical Titan posted a Q1 FY2025 net loss of RM134.8 million (~$31.5 million), improving from RM189 million last year.
Revenue fell 22 per cent YoY to RM1.5 billion (~$351 million) due to lower sales volume.
LBITDA dropped 38.3 per cent YoY to RM37.7 million (~$8.8 million).
LCT stays committed to strategic goals, including its LINE Project in Indonesia.
