Lotte Chemical Titan Holding Berhad reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MYR 2,374.69 million compared to MYR 2,236.65 million a year ago. Net loss was MYR 355.5 million compared to net income of MYR 48.84 million a year ago. Basic loss per share from continuing operations was MYR 0.1561 compared to basic earnings per share from continuing operations of MYR 0.0214 a year ago.
For the nine months, sales was MYR 7,951.04 million compared to MYR 7,146.3 million a year ago. Net loss was MYR 397.43 million compared to net income of MYR 871.14 million a year ago. Basic loss per share from continuing operations was MYR 0.1745 compared to basic earnings per share from continuing operations of MYR 0.3829 a year ago.