LOTTE Pakistan: Dark clouds engulf financial performance
1/11/2012 2:25:23 PM
KARACHI: Lotte Pakistan Limited (LOTPTA), the major producer of Purified Terephthalic Acid (PTA) in Pakistan, is going through tough times currently owing to various challenges being faced by the company.
It is also feared that company may post quarterly loss in the last quarter of the year 2011, first time since the year 2008.
The global PTA industry is going through rough phase nowadays
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