<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Lotte Chemical Pakistan Ltd has announced its CY20 earnings
of PKR1.4/share. The company posted PAT of PKR2.12bn, as compare to PAT of
PKR5.5bn (EPS: PKR3.66) in SPLY. In 4QCY20 PAT to PKR1.08bn (EPS: PKR0.72), as
compare to PAT of PKR0.81bn (EPS0.53) in SPLY. Along with the results company
has announced a cash dividend of Re0.75/share.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Sales revenue dropped by 36% YoY basis, we believe decline
in revenue is mainly backed by lower international PTA prices (down, 27%) and
lower demand from textile sector due to lockdown.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The Gross margin deteriorate to 7%% in CY20, as compare to
C...
