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MarketScreener Homepage  >  Equities  >  The Pakistan Stock Exchange  >  Pakistan Stock Exchange Limited    PSX   PK0104801011

PAKISTAN STOCK EXCHANGE LIMITED

(PSX)
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Election of Directors of Lotte Chemicals Pakistan Limited

06/09/2020 | 08:09am EST

Lotte Chemicals Pakistan Limited informed Pakistan Stock Exchange that the nine persons have filed notices of their intention to offer themselves for election to the Board of Directors of the Company at the Extraordinary General Meeting to be held on June 17, 2020.

The announcement is available at:

https://dps.psx.com.pk/download/document/148740.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 -4.75% 301000 End-of-day quote.9.06%
LOTTE CHEMICAL PAKISTAN LIMITED -1.49% 15.82 End-of-day quote.5.05%
PAKISTAN STOCK EXCHANGE LIMITED 3.58% 16.22 End-of-day quote.9.45%
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Financials
Sales 2020 983 M 6,14 M 6,14 M
Net income 2020 194 M 1,21 M 1,21 M
Net cash 2020 2 004 M 12,5 M 12,5 M
P/E ratio 2020 40,9x
Yield 2020 -
Capitalization 13 000 M 81,0 M 81,2 M
EV / Sales 2019 9,15x
EV / Sales 2020 6,03x
Nbr of Employees 239
Free-Float 100%
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Pakistan Stock Exchange Limited Technical Analysis Chart | PSX | PK0104801011 | MarketScreener
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Managers and Directors
NameTitle
Farrukh Hussain Khan Chief Executive Officer, MD & Executive Director
Sulaiman Sadruddin Mehdi Chairman
Nadir Rahman Chief Operating Officer
Ahmed Ali Mitha Chief Financial Officer
Mahmood Siddique Chief Information Officer