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April 24, 2024

Lotte Shopping’s Q1 operating profit up 6.6% to W164.9b

PUBLISHED : May 14, 2018 - 12:23

UPDATED : May 14, 2018 - 12:23

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[DISCLOSURE] Lotte Shopping (023530) reported on May 11 that its operating profit in the first quarter rose 6.6 percent to 164.85 billion won (US$154.79 million) from the same period last year.

Its revenue fell 2.2 percent on-year to 4.35 trillion won and net loss came in at 9.9 billion won turning to red from a year ago.

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

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