February 16, 2019

[EQUITIES] ‘Lotte Shopping to gain from China pull-out’

PUBLISHED : June 11, 2018 - 14:13

UPDATED : June 11, 2018 - 14:13

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

[THE INVESTOR] Lotte Shopping’s profitability will improve from selling discount stores in China and its online business will pick up, said Mirae Asset Daewoo on June 11 suggesting a “buy” recommendation and 265,000 won (US$247.11) target price. 

Its offline business will gain momentum this year as it wraps up discount store operations in China that struggled over the past two years. When it completes selling off its discount chain profits will significantly improve. Profits from department stores will also be boosted by luxury and lifestyle segments which will help its rebound, said the analyst Kim Myeong-ju.

Lotte plans to invest 3 trillion won in the next 5 years to merge online platform and system, that can trigger associated sales and a competitive edge. It will be able to develop a differentiated online platform and through successful investments and synergies it will stand out, she added.

By Hwang You-mee (

  • 페이스북
  • 트위터
  • sms
Herald Corporation|CEO : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Yang Sung-jin
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0114|Business info
Gov’t registration No. 아 04099