LOTTE Fine Chemical Third Quarter 2024 Earnings: ₩2,810 loss per share (vs ₩506 loss in 3Q 2023)

LOTTE Fine Chemical (KRX:004000) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₩420.4b (up 4.8% from 3Q 2023).
• Net loss: ₩71.6b (loss widened by 456% from 3Q 2023).
• ₩2,810 loss per share (further deteriorated from ₩506 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

LOTTE Fine Chemical Earnings Insights

Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in South Korea.

Performance of the South Korean Chemicals industry.

The company's shares are down 3.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for LOTTE Fine Chemical that we have uncovered.

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