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Lotte Chemical Pakistan Limited (Pakistan)

Main Activities: Artificial and Synthetic Fibers and Filaments Manufacturing
Full name: Lotte Chemical Pakistan Limited Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Lotte Chemical Pakistan Limited (LCPL) is a company located in Karachi, Pakistan. It is the only world-class manufacturer and supplier of Purified Terephthalic Acid (PTA) in the country. LCPL's state-of-the-art plant at Port Qasim has a capacity to deliver 500,000 tonnes of PTA annually. PTA is a crucial raw material for the production of Polyester fiber, Polyester filament yarn, Polyester film, and Polyethylene Terephthalate (PET). LCPL plays a vital role in the polyester chain in Pakistan, serving as a local producer and key supplier for the domestic Polyester and PET industries. The company prides itself on offering short delivery times, world-class quality, and exceptional customer service. LCPL imports its feedstock (Paraxylene) from reputable suppliers in Asia and the Middle-East. The plant operates under a technology license with IPT (Investa Performance Technologies), a leading global supplier of PTA technology. LCPL has also contributed to infrastructure development in the Port Qasim area, including a Chemical Jetty, raw water pipeline, and the production of industrial gases through third-party contracts. The company's operations not only drive growth in downstream industries but also result in significant foreign exchange savings of over USD 100 million annually for Pakistan.

Headquarters
Ez/1/P-4, Eastern Industrial Zone, Port Qasim, P.O Box 723
Karachi; Sindh; Postal Code: 74200

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Website: http://www.lottechem.pk

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1998
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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75.01%
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9.97%
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0.57%
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0.49%
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0.05%
Company Performance
Financial values in the chart are available after Lotte Chemical Pakistan Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PKR. Absolute financial data is included in the purchased report.
Net sales revenue
-18.6%
Total operating revenue
-18.6%
Operating profit (EBIT)
-43.59%
EBITDA
-43.35%
Net Profit (Loss) for the Period
-49.82%
Total assets
0.56%
Total equity
-4.35%
Operating Profit Margin (ROS)
-4.87%
Net Profit Margin
-3.87%
Return on Equity (ROE)
-20.9%
Quick Ratio
-0.35%
Cash Ratio
-0.18%

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