Lotte Shopping, 1Q Operating Profit 61.8 Billion KRW... 19% Increase YoY
[Asia Economy Reporter Minwoo Lee] Lotte Shopping announced on the 10th that it posted provisional results for the first quarter of this year with consolidated sales of 3.88 trillion KRW and operating profit of 61.8 billion KRW. Compared to the same period last year, sales decreased by 4.8%, but operating profit increased by 18.5%. Net loss for the period was recorded at 40.6 billion KRW, down 6.3% during the same period.
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