Cautious Outlook For Lotte Chemical As ESG Struggle Continues
Lotte Chemical Titan Holding Bhd remains under pressure as it faces ongoing sustainability challenges and weak financial performance. Maybank Investment Bank Bhd (Maybank IB) has reaffirmed a SELL call on Lotte Chemical with a target price of 94 sen, forecasting further losses through the financial year 2024 (FY24). This valuation is based on a price-to-book […]