Lotte Chemical Titan Holding Berhad Third Quarter 2024 Earnings: RM0.11 loss per share (vs RM0.024 loss in 3Q 2023)

Lotte Chemical Titan Holding Berhad (KLSE:LCTITAN) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM1.95b (flat on 3Q 2023).
• Net loss: RM246.4m (loss widened by 343% from 3Q 2023).
• RM0.11 loss per share (further deteriorated from RM0.024 loss in 3Q 2023).

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

Lotte Chemical Titan Holding Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Chemicals industry in Malaysia.

Performance of the Malaysian Chemicals industry.

The company's shares are down 2.1% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Lotte Chemical Titan Holding Berhad.

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