Hotel Lotte Q3 Operating Profit 44.2 Billion KRW... 23% Increase YoY (Update)
Hotel Lotte announced on the 14th that its consolidated operating profit for the third quarter of this year reached 44.2 billion KRW, a 23% increase compared to the same period last year.
Sales increased by 6% to 338.4 billion KRW.
The hotel division's operating profit turned positive, recording a cumulative 29.4 billion KRW up to the third quarter of this year, compared to a loss of 21.0 billion KRW during the same period last year.
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Cumulative sales amounted to 918.4 billion KRW, approaching an annual sales milestone of 1 trillion KRW for the second consecutive year following last year.
This content was produced with the assistance of AI translation services.
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