Lotte Chemical Titan Holding Berhad reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was MYR 2,816.87 million compared to MYR 2,542.56 million a year ago. Net loss was MYR 145.92 million compared to net income of MYR 382.29 million a year ago. Basic loss per share from continuing operations was MYR 0.0641 compared to basic earnings per share from continuing operations of MYR 0.1681 a year ago.
For the six months, sales was MYR 5,576.35 million compared to MYR 4,909.65 million a year ago. Net loss was MYR 41.93 million compared to net income of MYR 822.3 million a year ago. Basic loss per share from continuing operations was MYR 0.0184 compared to basic earnings per share from continuing operations of MYR 0.3617 a year ago.