KARACHI: Lotte Chemical Pakistan Limited has reported a strong financial performance for the quarter and six-month period ended June 30, 2026, driven by higher revenues and a significant improvement in profitability. Alongside the results, the company’s Board of Directors has announced an interim cash dividend of Rs1.50 per share, reflecting confidence in the company’s financial position.
According to the financial results, net sales increased to Rs44.71 billion during the first six months of 2026, compared with Rs40.18 billion recorded in the corresponding period last year. Gross profit surged to Rs5.63 billion, more than three times higher than the Rs1.78 billion reported a year earlier, highlighting improved operating efficiency and stronger margins.
The company’s operating profit climbed to Rs4.52 billion, a sharp rise from Rs1.16 billion in the same period of 2025. Meanwhile, higher other income further strengthened earnings, enabling profit before taxation to reach Rs7.08 billion, compared with Rs1.23 billion in the corresponding period last year.
After accounting for taxation, profit after tax increased to Rs4.31 billion, representing a substantial jump from Rs741.8 million reported during the same period in 2025. Consequently, earnings per share (EPS) improved significantly to Rs2.85, compared with Rs0.49 a year earlier.
For the second quarter alone, the company posted revenue of Rs23.85 billion, while net profit stood at Rs2.84 billion, compared with just Rs79.9 million earned in the corresponding quarter of last year. Quarterly EPS rose to Rs1.87, underlining the strong momentum in earnings growth.
The Board of Directors approved an interim cash dividend of Rs1.50 per share for shareholders. The company clarified that no bonus shares, right shares, or any other corporate action have been announced alongside the dividend. Share transfer books will remain closed from July 27 to July 29, 2026, with transfers received by the close of business on July 24, 2026, qualifying for the dividend entitlement.
Lotte Chemical Pakistan’s latest results reflect a marked turnaround in profitability, supported by stronger revenues, improved operational performance, and enhanced earnings. The robust financial performance positions the company well for the remainder of the financial year while delivering value to shareholders through a cash dividend.
