Lotte Chilsung Beverage Reports Operating Profit of 97.2 Billion KRW Last Year, Down 9.7% Year-on-Year
[Asia Economy Reporter Lee Seon-ae] Lotte Chilsung Beverage announced on the 5th that its consolidated operating profit for last year was 97.2 billion KRW, a 9.7% decrease compared to the previous year. Sales amounted to 2.258 trillion KRW, down 7.1% year-on-year. The net loss narrowed to 12 million KRW. Operating profit for the fourth quarter of last year was 3.3 billion KRW, turning to a profit compared to an operating loss of 6.9 billion KRW in the same period of the previous year. Quarterly sales and net loss were recorded at 507.4 billion KRW and 57.6 billion KRW, respectively.
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