1Q2021 Result: EPS at PkR1.08/sh – in line with street estimates
Tag: LOTTE
Lotte Chemical Pakistan
Case for margin remains bleak; Time to SELL
Lotte Chemical Pakistan Limited (LOTCHEM)
Dear Clients, – Lotte Chemical Pakistan Limited (LOTCHEM) announced 4Q2020 results reporting profitability at PkR1.1bn (EPS of PkR0.72/sh), up by 45% YoY, overshooting street consensus. This takes CY2020 earnings to PkR2.1bn as compared to PkR5.4bn reported in CY2019. – Along with the result, the company announced a cash dividend of PkR0.75/sh. – The company posted… Continue reading Lotte Chemical Pakistan Limited (LOTCHEM)
