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    LOTCHEM   PK0077901012

LOTTE CHEMICAL PAKISTAN LIMITED

(LOTCHEM)
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Extraordinary general meeting of Lotte Chemical Pakistan Limited to be held on June 17, 2020

05/28/2020 | 08:46am EST

Lotte Chemical Pakistan Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on June 17, 2020 at Karachi.

The agenda of the meeting will to elect eight Directors as fixed by the Board of Directors in accordance with Section 159(1) of the Companies Act, 2017, for a period of three years commencing from June 23, 2020.

Further, the closed period of the company is from June 10, 2020 to June 17, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/148197.pdf

Lotte Chemical Pakistan Limited formerly Lotte Pakistan PTA Limited is incorporated in Pakistan. The company is engaged in the manufacture and sale of Pure Terephthalic Acid an essential raw material used in the polyester industry. The company is also engaged in manufacturing Polyester Staple Fibre, Filament Yarn and PET resin. The production capacity of the plant is around 500,000 tons per annum. It is a subsidiary of Lotte Chemical Corporation and the ultimate parent company is South Korean conglomerate Lotte. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Karachi.

The symbol "LOTCHEM" is being used by the stock exchanges for the shares of Lotte Chemicals Pakistan Limited.

© Pakistan Press International, source Asianet-Pakistan

Stocks mentioned in the article
ChangeLast1st jan.
LOTTE CHEMICAL CORPORATION -2.48% 216500 End-of-day quote.-0.23%
LOTTE CHEMICAL PAKISTAN LIMITED 3.07% 15.11 End-of-day quote.10.61%
PAKISTAN STOCK EXCHANGE LIMITED -0.07% 14.26 End-of-day quote.3.71%
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Financials
Sales 2021 60 862 M 346 M 346 M
Net income 2021 - - -
Net Debt 2021 - - -
P/E ratio 2021 -
Yield 2021 10,8%
Capitalization 22 880 M 130 M 130 M
Capi. / Sales 2021 0,38x
Capi. / Sales 2022 0,37x
Nbr of Employees 231
Free-Float 25,0%
Chart LOTTE CHEMICAL PAKISTAN LIMITED
Duration : Period :
Lotte Chemical Pakistan Limited Technical Analysis Chart | LOTCHEM | PK0077901012 | MarketScreener
Technical analysis trends LOTTE CHEMICAL PAKISTAN LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 6
Last Close Price 15,11 PKR
Average target price 19,20 PKR
Spread / Average Target 27,1%
Managers and Directors
Humair Ijaz Chief Executive Officer & Executive Director
Ashiq Ali Chief Financial Officer
Min-Jae Hwang Chairman
Waheed Ullah Khan GM-Human Resources & Information Technology
Pervaiz Akhtar Independent Director