Lotte Card Reports Cumulative Q3 Net Profit of 102.5 Billion KRW, Down 72% YoY
Lotte Card announced on the 14th that its cumulative net profit for the third quarter was 102.5 billion KRW, a 72.0% decrease compared to the same period last year.
This was influenced by the one-time gain from the sale of a subsidiary in the first half of last year. Excluding this effect, the cumulative net profit decreased by 38.9% compared to the same period last year.
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Lotte Card stated, "We will improve profitability by discovering various content and services tailored to customer preferences centered on the 'DigiRoca' app to enhance usage efficiency, while continuously optimizing costs."
This content was produced with the assistance of AI translation services.
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