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April 27, 2024

Lotte Food’s Q4 2017 operating profit down 18% to W65.2b

PUBLISHED : January 23, 2018 - 09:17

UPDATED : January 23, 2018 - 09:17

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[DISCLOSURE] Lotte Food (002270) reported on Jan. 22 that its operating profit in the fourth quarter last year fell 18.3 percent to 65.25 billion won (US$61.06 million) from the same period last year. 

Its revenue rose 3.1 percent on-year to 1.82 trillion won and net profit 49.2 percent to 86.8 billion won.

By Hwang You-mee (glamazon@heraldcorp.com)

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