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Cover Story 2: Lotte Chemical Titan making a comeback

Cover Story 2: Lotte Chemical Titan making a comeback
The Edge
13/5/2021
Justin Lim And Lee Weng Khuen
© Provided by The Edge
IT has been a good start to the year for Lotte Chemical Titan Holding Bhd (LCT). It posted its best quarterly profit of RM440 million since its relisting on the local bourse in July 2017.
If the growth momentum is maintained, this could be the best-performing year for the group. In fact, its financials started to pick up in the fourth quarter ended Dec 31, 2020 (4Q2020), with net profit almost doubling to RM151.16 million from RM78.77 million in 3QFY2020.
In a recent interview with The Edge during a visit to its plants in Pasir Gudang, Johor, new LCT president and CEO Park Hyun Chul says he expects a brighter outlook this year, given that the margin spread has significantly improved from last year. According to him, the margin spread between polymer and naphtha had widened more than 50% to average at US$820 a ....

Pasir Gudang , Jawa Barat , South Korea , Tanjung Langsat , South Korean , Hyun Chul , Shahrin Yahya , Lotte Chemical Titan Holding Bhd , Titan Chemical Corp Bhd , International Monetary Fund , Lotte Group , Lotte Chemical Corp , Bursa Malaysia , Chemical Corp Bhd , Southeast Asia , Southeast Asian , ஜவ பாரத் , தெற்கு கொரியா , தெற்கு கொரியன் , யுங் சுல் , நிறைய இரசாயன டைட்டன் வைத்திருத்தல் ப்ட் , டைட்டன் இரசாயன கார்ப் ப்ட் , சர்வதேச பண நிதி , நிறைய குழு , நிறைய இரசாயன கார்ப் , இரசாயன கார்ப் ப்ட் ,

Lotte Chemical Titan posts record quarterly net profit of RM440mil

KUALA LUMPUR: Lotte Chemical Titan Holding Bhd posted its highest-ever quarterly net profit of RM440mil for the first quarter ended March 31, 2021.
The performance was significantly improved from a net loss of RM170.1mil in 1Q2020, owing to substantially stronger product margin spreads seen from a year ago, it said in a statement.
Ebitda jumped twelve-fold to RM647mil from an Ebitda loss of RM56mil in the previous comparative quarter.
For the quarter under review, revenue was RM2.37bil, a 62% jump over the same quarter last year, underpinned by higher production and sales performance.
According to the group, the record profitability was mainly owing to much higher product average selling prices (ASP) with lower naphtha feedstock costs in line with global Brent crude oil prices. ....

Kuala Lumpur , United States , Hyun Chul , Lotte Chemical Titan Holding Bhd , Lotte Chemical Titan , Southeast Asia , Middle East , Corporate News , Park Hyun Chul , குவாலா லம்பூர் , ஒன்றுபட்டது மாநிலங்களில் , யுங் சுல் , நிறைய இரசாயன டைட்டன் வைத்திருத்தல் ப்ட் , நிறைய இரசாயன டைட்டன் , தென்கிழக்கு ஆசியா , நடுத்தர கிழக்கு , பெருநிறுவன செய்தி , பூங்கா யுங் சுல் ,

'Mouse' Episode 11: Lee Seung Gi Has New Guilty Pleasures

(Photo : tvN s Official Instagram)
After the special broadcast on April 7, the second half of tvN s mystery-thriller series Mouse has finally begun.
Lee Seung Gi s character was torned between surrendering himself to the police or continue doing his guilty pleasures of listening to the evil voices that keep on telling him to commit murder.
Jung Ba Reum Commits Another Murder
Episode 11 gave the viewers another complicated yet vivid situation of police officer Jung Ba Reum (Lee Seung Gi). His brain betrayed him again and was able to commit another murder.
At first he was confused if he really did kill Attorney Woo Hyung Chul (Song Jae Hee) or it was just his hallucination. And an evil voice kept on echoing on his mind saying, ....

Hyun Chul , Daniel Lee , Lee Seung , Jae Hee , Ju Hyun , Jung Ba Reum , Attorney Woo Hyung Chul , Song Jae Hee , Lee Meets Jung Ba Reum , Prevent His Guilty , Woo Hyun , Special Episode , Hit Series , Park Ju Hyun , யுங் சுல் , டேனியல் லீ , லீ சீங் , ஜே ஹீ , ஜூ யுங் , ஜங் பா ரேஉம் , பாடல் ஜே ஹீ , வூ யுங் , சிறப்பு அத்தியாயம் , வெற்றி தொடர் , பூங்கா ஜூ யுங் ,

Lotte Chemical Titan expects outlook to improve on strong polymer product ASPs

KUALA LUMPUR (March 4): Lotte Chemical Titan Holding Bhd (LCT) sees a brighter outlook for the company, thanks to a continued uptrend in average selling prices (ASPs) of polymer products.
“What we are seeing now is a very healthy price trend for polymer products, and we expect the strong product ASP outlook to continue into the first half of 2021 (1H21),” said its president and chief executive officer (CEO) Park Hyun Chul in a filing with Bursa Malaysia.
The strong prices of polymers products are expected to either hold or increase, mainly buoyed by brightening economic recovery prospects with global vaccination roll-outs, complemented by a sudden polymer supply shortage in the Southeast Asian (SEA) region caused by ongoing shipping container issues which curtailed imported polymer supplies from other regions, he said. ....

Kuala Lumpur , United States , Hyun Chul , Lotte Chemical Titan Holding Bhd , Park Hyun Chul , Southeast Asian , Middle East , Southeast Asia , குவாலா லம்பூர் , ஒன்றுபட்டது மாநிலங்களில் , யுங் சுல் , நிறைய இரசாயன டைட்டன் வைத்திருத்தல் ப்ட் , பூங்கா யுங் சுல் , தென்கிழக்கு ஆசிய , நடுத்தர கிழக்கு , தென்கிழக்கு ஆசியா ,

1월12일-인사

1월12일-인사
metroseoul.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metroseoul.co.kr Daily Mail and Mail on Sunday newspapers.

Hee Kim Young , Kim Hyun Joo , Lee Jung , Kyung Kim , Kim Jong Hyun , Hyung Chul , Kim Bong Soo , Kim Hyun , Young Chin S , Hyeon Joo Shin , Hun Senior Research Fellow , Senior Research Fellow , Telegram Pass Ho Lee , Kim Ki Ho , Kim Young , Kim Jun Ki , Park Ji Hun Hyeon Joo Shin , Director General , Telegram Kim , கிம் யுங் ஜூ , லீ ஜங் , கியுங் கிம் , கிம் ஜாங் யுங் , யுங் சுல் , கிம் போங் சூ , கிம் யுங் ,