Company Lotte Chemical Pakistan Limited

Equities

LOTCHEM

PK0077901012

Commodity Chemicals

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
18.2 PKR -0.98% Intraday chart for Lotte Chemical Pakistan Limited -0.49% -32.57%

Business Summary

Lotte Chemical Pakistan Limited is a Pakistan-based company, which is engaged in the manufacture and sale of pure terephthalic acid (PTA). PTA is the primary raw material for producing polyester fiber, polyester filament yarn, polyester film, and polyethylene terephthalate (PET). The Company is the local producer and supplier for the domestic polyester and PET industries with short delivery. For producing PTA, it imports its feedstock (Paraxylene) from suppliers based in Asia and the Middle East region. It has also enabled infrastructure development in the Port Qasim area, including a chemical jetty, raw water pipeline, and production of industrial gases through third party contracts. The Company has the capacity to produce approximately 500,000 tons of PTA per year through its plant located at Port Qasim, Karachi.

Number of employees: 226

Sales per Business

PKR in Million2022Weight2023Weight Delta
Chemicals Manufactured Goods
96.8 %
96,783 96.5 % 78,984 96.8 % -18.39%
Chemicals Trading Goods
3.0 %
2,097 2.1 % 2,424 3.0 % +15.59%
Electricity
0.3 %
1,385 1.4 % 211 0.3 % -84.76%

Sales per region

PKR in Million2022Weight2023Weight Delta
Pakistan
100.0 %
100,266 100.0 % 81,619 100.0 % -18.60%

Managers

Managers TitleAgeSince
Chief Executive Officer - 21-01-24
Director of Finance/CFO - 88-04-30
Chief Administrative Officer - 96-12-31
Investor Relations Contact - -
Corporate Secretary - 16-02-14

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer - 21-01-24
Director/Board Member 63 23-06-22
Chairman 58 Feb. 13
Director/Board Member - 23-06-22
Director/Board Member 50 18-04-03
Director/Board Member - 22-01-31
Director/Board Member - 23-06-22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,514,207,200 378,347,095 ( 24.99 %) 0 24.99 %

Shareholders

NameEquities%Valuation
1,135,860,105 75.01 % 80 M ₨
Faysal Bank Ltd. (Investment Management)
0.2113 %
3,200,000 0.2113 % 224 576 ₨
Faysal Asset Management Ltd.
0.0864 %
1,308,771 0.0864 % 91 850 ₨
Al Meezan Investment Management Ltd.
0.0491 %
742,979 0.0491 % 52 142 ₨
Dawood Capital Management Ltd. (Investment Management)
0.0356 %
539,500 0.0356 % 37 862 ₨
National Investment Trust Ltd.
0.0237 %
358,572 0.0237 % 25 165 ₨
AL Habib Asset Management Ltd.
0.0132 %
200,000 0.0132 % 14 036 ₨
Alfalah Asset Management Ltd.
0.009906 %
150,000 0.009906 % 10 527 ₨
AKD Investment Management Ltd.
0.004374 %
66,235 0.004374 % 4 648 ₨
ABL Asset Management Co., Ltd.
0.001948 %
29,500 0.001948 % 2 070 ₨

Company contact information

Lotte Chemical Pakistan Ltd.

Al-Tijarah Centre 32/1-A, Main Shahrah-e-Faisal

75400, Karachi

+

http://www.lottechem.pk
address Lotte Chemical Pakistan Limited(LOTCHEM)
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