Earnings Report /

Lotte Chemical Pakistan: 2QCY22 review – Earnings beat amid higher topline and margins

  • Beating street estimates, LOTCHEM posted NPAT of PKR2.79bn (EPS: PKR1.84) in 2QCY22, up a sharp 189% YoY and 7% QoQ.

  • The company also announced a surprise healthy payout of PKR 4/sh against its normal payouts in 3Q each year.

  • The company has posted an all-time high gross margin of 20.2%, which improved by 10.1ppt YoY and 0.5ppt QoQ.

Ali Aziz Soorty
Intermarket Securities
5 August 2022


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