BR Research

Lotte - at a loss

Published August 29, 2012 Updated August 29, 2012 12:00am

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Lotte Pakistan PTA Limited
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Rs (mn)                          1HCY12     1HCY11        chg
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Revenues                        26,538      30,661       -13%
Cost of sales                  (26,712)    (25,005)        7%
Gross margin                     -0.66%      18.45%         -
Operating profit                  (399)      5,003      -108%
Finance income                     198         504       -61%
Profit after taxation             (294)      3,697      -108%
Net margin                       -1.11%      12.06%         -
EPS (Rs)                         -0.19        2.44
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Source: KSE notice