Lotte Duty Free, Q1 Operating Profit 3.8 Billion KRW... 11.3% Decrease YoY
[Asia Economy Reporter Lim Chunhan] Lotte Duty Free announced on the 17th that its operating profit for the first quarter of this year was 3.8 billion KRW, a decrease of 11.3% compared to the same period last year. Sales amounted to 766.7 billion KRW, down 12.1% year-on-year.
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A Lotte Duty Free official said, "Operating profit recorded a surplus for the second consecutive quarter due to the effects of airport rent reductions, non-landing sightseeing flights, and expanded domestic sales."
This content was produced with the assistance of AI translation services.
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