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Lotte Chemical Titan's 1Q net loss narrows to RM178mil

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.

Lotte Chemical expects business environment to remain challenging

PETALING JAYA: Lotte Chemical Titan Holding Bhd (Lotte) expects the business environment to remain challenging in the near future, amid the current market uncertainties.

Hong Leong Bank, Maybank, Gamuda, Digi.com, Unisem, Vitrox, BAT, Lotte Chemical, Pavilion REIT, CTOS and WTK

Here is a brief recap of some corporate announcements that made news on Thursday (Oct 27), Hong Leong Bank Bhd, Malayan Banking Bhd, Gamuda Bhd, Digi.com Bhd, Unisem (M) Bhd, Vitrox Corp Bhd, British American Tobacco (M) Bhd, Lotte Chemical Titan Holding Bhd, Pavilion Real Estate Investment Trust, CTOS Digital Bhd and WTK Holdings Bhd.

AMMB, Maxis, Unisem, Nestle Malaysia, Westports, Lotte Chemical Titan, Pavilion REIT, Bursa Malaysia, Vitrox Corp, Frontken, MI Technovation, Samchem, KIP REIT, Bintai Kinden, Yinson, Tasco, G Capital, Muda Holdings, Chin Well, Capital A, Caely and others

Lotte Chemical 3Q profit plunges 87% q-o-q, declares 18 sen special dividend

Lotte Chemical Titan Holding Bhd saw its net profit plunge 87.22% quarter-on-quarter to RM48.84 million in the third quarter ended Sept 30, 2021 from RM382.29 million on lower gross profit margin arising from higher feedstock costs.